Authorization of Transaction; Enforceability. Seller has full company power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement has been duly authorized by all necessary action by Seller. This Agreement has been duly executed and delivered by Seller. This Agreement constitutes the valid and legally binding obligations of Seller, enforceable in accordance with its terms and conditions, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally, and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or law). Seller is the exclusive owners of, with all right, title and interest in and to (free and clear of any Security Interests), the Acquired Assets.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Vystar Corp), Asset Purchase Agreement (Vystar Corp)
Authorization of Transaction; Enforceability. Seller has full company the power and authority necessary to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement has been duly authorized by all necessary corporate, shareholder, member or other action by Seller. This Agreement has been duly executed and delivered by Seller. This Agreement constitutes the valid and legally binding obligations of Seller, enforceable in accordance with its terms and conditions, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally, and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or law). Seller is the exclusive owners of, with all right, title and interest in and to (free and clear of any Security Interests), the Acquired Assets.
Appears in 1 contract
Samples: Asset Purchase Agreement (Integrated Energy Solutions, Inc.)
Authorization of Transaction; Enforceability. Seller OpCenter has full company power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement has been duly authorized by all necessary action by SellerOpCenter. This Agreement has been duly executed and delivered by SellerOpCenter. This Agreement constitutes the valid and legally binding obligations of SellerOpCenter, enforceable in accordance with its terms and conditions, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generally, and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or law). Seller is Sellers are the exclusive owners of, with all right, title and interest in and to (free and clear of any Security Interests), the Acquired Assets.
Appears in 1 contract
Samples: Asset Purchase Agreement (Paid Inc)