Common use of Authorization and Validity of Agreements Clause in Contracts

Authorization and Validity of Agreements. Seller has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Seller and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all necessary corporate action of Seller, and no other corporate proceedings on the part of Seller are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 4 contracts

Samples: Share Exchange Agreement (Future FinTech Group Inc.), Share Exchange Agreement (Future FinTech Group Inc.), Equity Transfer Agreement (Rebel Group, Inc.)

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Authorization and Validity of Agreements. Seller has all corporate power the legal capacity, right, power, and authority to execute enter into this Agreement and deliver the agreements made part of this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Seller and the consummation performance by Seller of the transactions contemplated hereby have as set forth in this Agreement has been duly and validly authorized by all necessary corporate action of Sellerand Shareholder actions. This Agreement has been duly executed and delivered by Seller and Shareholder and is the legal, valid and no other corporate proceedings on the part of Seller are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.binding

Appears in 1 contract

Samples: Assets Purchase Agreement (Factual Data Corp)

Authorization and Validity of Agreements. The Seller has all necessary corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by such Seller and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all necessary corporate action of Sellercompany action, if any, and no other corporate company proceedings on the part of such Seller are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Future FinTech Group Inc.)

Authorization and Validity of Agreements. Seller has all corporate right, power and authority to execute and deliver this Agreement, to perform its her obligations hereunder and to consummate the transactions contemplated hereby. The hereby and upon the execution and delivery by the other party and the performance of its obligations herein, this Agreement by Seller will constitute, a legal, valid and the consummation by Seller of the transactions contemplated hereby have been duly authorized by all necessary corporate action binding obligation of Seller, and no other corporate proceedings on enforceable against Seller in accordance with the part of Seller are necessary to authorize this Agreement or to consummate the transactions contemplated herebyrespective terms herein.

Appears in 1 contract

Samples: Share Purchase and Transfer Agreement (Chan Ling Siu)

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Authorization and Validity of Agreements. The Seller has all full corporate right, power and authority to execute and deliver enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated herebyby this Agreement. The execution execution, delivery and delivery performance of this Agreement by the Seller and the consummation performance by the Seller of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action and shareholder action. This Agreement has been duly executed and delivered by the Seller and is the legal, valid and binding obligation of Seller, and no other corporate proceedings on the part of Seller are necessary to authorize this Agreement or to consummate enforceable against the transactions contemplated herebySeller in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Security Capital Corp/De/)

Authorization and Validity of Agreements. Seller Each of the Sellers has all corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by Seller each of the Sellers and the consummation by such Seller of the transactions contemplated hereby have been duly authorized by all necessary corporate action of Sellerthe Sellers, and no other corporate proceedings on the part of Seller the Sellers are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Fuse Group Holding Inc.)

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