Authorization by Seller. The execution, delivery and performance of this Agreement by Seller have been duly and validly authorized by all necessary action on the part of Seller and this Agreement is a valid, binding and enforceable obligation of Seller except as the enforcement thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting or limiting the rights of creditors generally.
Appears in 4 contracts
Samples: Purchase Agreement (Trendwest Resorts Inc), Purchase Agreement (Trendwest Resorts Inc), 1 Purchase Agreement (Trendwest Resorts Inc)
Authorization by Seller. The execution, delivery and performance of this Agreement by Seller have has been duly and validly authorized by all necessary action on the part of Seller and this Agreement is a valid, binding and enforceable obligation of Seller except as the enforcement thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting or limiting the rights of creditors generally.
Appears in 3 contracts
Samples: Purchase Agreement (Trendwest Resorts Inc), Purchase Agreement (Trendwest Resorts Inc), Asset Purchase Agreement (Morgan Products LTD)
Authorization by Seller. The execution, delivery and performance of this Agreement by Seller have been duly and validly authorized by all necessary action on the part of Seller and this Agreement is a valid, binding and enforceable obligation of Seller except as the enforcement thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting or limiting the rights of creditors generally.Seller
Appears in 2 contracts
Samples: Purchase Agreement (Trendwest Resorts Inc), Receivables Purchase Agreement (Trendwest Resorts Inc)
