Common use of Authorization of Sellers Clause in Contracts

Authorization of Sellers. The execution, delivery and performance by each Seller of this Agreement and the consummation by each Seller of the transactions contemplated hereby are within each Seller’s powers and have been duly authorized by all necessary action on the part of such Seller. This Agreement constitutes a valid and binding agreement of each Seller, enforceable against each Seller in accordance with its terms.

Appears in 3 contracts

Samples: Agreement (Barington/Hilco Acquisition Corp.), Agreement (CB Pharma Acquisition Corp.), Put and Call Option Agreement (North Shore Acquisition Corp.)

AutoNDA by SimpleDocs

Authorization of Sellers. The execution, delivery and performance by each Seller of this Agreement and the consummation by each Seller of the transactions contemplated hereby are within each Seller’s 's powers and have been duly authorized by all necessary action on the part of such Seller. This Agreement constitutes a valid and binding agreement of each Seller, enforceable against each Seller in accordance with its terms.

Appears in 1 contract

Samples: Agreement (Tremisis Energy Acquisition CORP II)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!