Common use of Authority of the Seller Clause in Contracts

Authority of the Seller. The Seller has full power and authority to enter into this Agreement and to perform the Seller's obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Seller and constitutes a valid and legally binding obligation of the Seller enforceable against the Seller in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws relating to or affecting creditors' rights generally and by general equitable principles.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Abax Lotus Ltd.), Stock Purchase Agreement (Abax Lotus Ltd.), Stock Purchase Agreement (Abax Lotus Ltd.)

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Authority of the Seller. The Seller has full power and authority to enter into this Agreement and to perform the Seller's his obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Seller and constitutes a valid and legally binding obligation of the Seller enforceable against the Seller in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws relating to or affecting creditors' rights generally and by general equitable principles.

Appears in 3 contracts

Samples: Stock Repurchase Agreement (Gulf Resources, Inc.), Stock Repurchase Agreement (Gulf Resources, Inc.), Stock Repurchase Agreement (Gulf Resources, Inc.)

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Authority of the Seller. The Seller has full power and authority to enter into this Agreement and to perform the Seller's its obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Seller and constitutes a valid and legally binding obligation of the Seller enforceable against the Seller in accordance with its terms, except to the extent that its enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws relating to or affecting creditors' ’ rights generally and by general equitable principles.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Heckmann CORP), Stock Purchase Agreement (China Water & Drinks Inc..)

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