Common use of Authority of Sellers Clause in Contracts

Authority of Sellers. The Sellers have all requisite authority to execute and deliver this Agreement and to carry out and perform their obligations under the terms of this Agreement.

Appears in 2 contracts

Samples: Secured Promissory Note and Stock Purchase Agreement (SearchCore, Inc.), Promissory Note and Stock Purchase Agreement (SearchCore, Inc.)

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Authority of Sellers. The Sellers have all requisite has the power and authority to execute and deliver enter into this Agreement and to carry out and perform their obligations under agree to the terms and conditions set forth herein, and the individuals executing this Agreement on behalf of Sellers are duly authorized to do so and upon such execution of this AgreementAgreement shall bind Sellers to the terms and conditions hereof.

Appears in 2 contracts

Samples: Construction Agreement, Construction Agreement

Authority of Sellers. The Each of the Sellers have all requisite has the full legal right, power, capacity and authority to execute and deliver enter into this Agreement and to carry out his or her obligations hereunder. This Agreement has been duly executed and perform their obligations under the terms delivered by each Seller, and this Agreement constitutes a legal, valid and binding obligation of this Agreementeach Seller enforceable against each in accordance with its terms.

Appears in 1 contract

Samples: Merger Agreement (Aristo International Corp)

Authority of Sellers. The Sellers have all requisite power and authority to execute enter into this Agreement and deliver each other agreement, document and instrument to be executed or delivered by any of them in connection with this Agreement and to carry out the transactions contemplated hereby and perform their obligations under thereby. This Agreement constitutes, and, when executed and delivered at the terms Effective Date, each other agreement, document and instrument to be executed or delivered by any of this Agreementthe Sellers will constitute, the legal, valid and binding obligation of each of the Sellers that is a party thereto.

Appears in 1 contract

Samples: Sale and Transfer Agreement (Triquint Semiconductor Inc)

Authority of Sellers. The Sellers have all requisite Each Seller has the right, power and authority to execute and deliver enter into this Agreement and to carry out and perform their obligations under sell the Property in accordance with the terms and conditions hereof. This Agreement, when executed and delivered by Sellers, will be a valid and binding obligation of this AgreementSellers in accordance with its terms.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Scansource Inc)

Authority of Sellers. The Sellers have all requisite Each Seller has full power and authority to execute and deliver enter into this Agreement and Agreement, to carry out such Seller’s obligations hereunder, and perform their obligations under to consummate the terms transactions contemplated hereby. The execution and delivery by each Seller of this Agreement, the performance by such Seller of its obligations hereunder, and the consummation by Sellers of the transactions contemplated hereby have been duly authorized by all requisite action on the part of Sellers. This Agreement constitutes legal, valid, and binding obligations of each Seller enforceable against each Seller in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (OVERSTOCK.COM, Inc)

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Authority of Sellers. The Sellers have all requisite Each Seller, in his individual capacity, has the legal capacity and authority to execute and deliver enter into this Agreement and all applicable Transaction Documents and to carry out his obligations hereunder and perform thereunder. This Agreement and all agreements, documents and instruments executed and delivered by each Seller pursuant hereto (including, but not limited to the Transaction Documents), assuming due authorization, execution and delivery by the other parties hereto, are valid and binding obligations of that Seller enforceable in accordance with their obligations under the terms of this Agreementrespective terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synalloy Corp)

Authority of Sellers. The Sellers have Each Seller has all requisite power and authority and legal capacity to execute and deliver enter into this Agreement and Agreement, to carry out his or her obligations hereunder and perform their obligations under to consummate the terms transactions contemplated hereby. This Agreement has been duly executed and delivered by each Seller, and (assuming due authorization, execution and delivery by Purchaser) this Agreement constitutes the legal, valid and binding obligation of this Agreementeach Seller enforceable against each Seller in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Health Sciences Inc)

Authority of Sellers. The Each of the Sellers have all requisite has full corporate power and authority to execute and deliver enter into this Agreement and Agreement, to carry out its obligations hereunder, and perform their obligations under to consummate the terms transactions contemplated hereby. The execution and delivery by Sellers of this Agreement, the performance by Sellers of their obligations hereunder, and the consummation by Sellers of the transactions contemplated hereby have been duly authorized by all requisite corporate action on the part of Sellers, if applicable. This Agreement constitutes a legal, valid, and binding obligation of Sellers enforceable against Sellers in accordance with its terms.

Appears in 1 contract

Samples: Share Exchange Agreement (flooidCX Corp.)

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