Capacity of the Sellers. 2 Each of the Sellers has full power and authority and has taken all necessary action to enable him to enter into and perform his obligations under this Agreement and all other agreements entered into, or to be entered into, pursuant to the terms of this Agreement, and such agreements, when executed, will constitute valid, binding and enforceable obligations of each of the Sellers in accordance with their terms.
Capacity of the Sellers. 2.1 (A) The Sellers have the requisite power and authority to enter into and perform this agreement; and
Capacity of the Sellers. 1.1. Such Seller Owns the First Purchaser Shares and Loan and the Second Purchaser Shares and Loan set forth apposite such Seller’s name.
Capacity of the Sellers. 2.1 Each Seller has the requisite capacity, power and authority to enter into and perform its obligations under this agreement and to execute, deliver and perform any obligations it may have under each document to be delivered by that Seller at Completion.
Capacity of the Sellers. 2.1 The Seller is duly incorporated, in existence and duly registered and, where the Seller is incorporated in the United States, is in good standing under the laws of the jurisdiction of its incorporation.
Capacity of the Sellers. 9 Each of the Sellers has full power and authority and has taken all necessary corporate action to enable it to enter into and perform its obligations under this Agreement and the Tax Deed and all other agreements entered into, or to be entered into, pursuant to the terms of this Agreement, and such agreements, when executed, will constitute valid, and binding obligations of each of the Sellers in accordance with their terms. 10 The Sellers do not require (and if any of the Sellers require, such Seller confirms that it has obtained) the consent, approval or authority of any other person to enter into or perform their obligations under this Agreement or the Tax Deed or any other agreement entered into, or to be entered into, pursuant to the terms of this Agreement, and their respective entry into and performance of such agreements will not breach or constitute a default under any contractual, governmental or public obligation binding upon either of them. 11 The Sellers are not engaged in any litigation or arbitration proceedings which might have an effect upon their capacity or ability to perform their obligations under this Agreement or the Tax Deed or any other agreement entered into, or to be entered into, pursuant to the terms of this Agreement and, so as the Warrantors are aware, no such legal or arbitration proceedings have been threatened against either of them.
Capacity of the Sellers. The Sellers have all requisite power and authority, and have taken all necessary corporate action, to enable them to enter into and perform this agreement and all agreements and documents entered into, or to be entered into, pursuant to the terms of this agreement.
Capacity of the Sellers. 2.1 Each Seller, by reason of his or her knowledge and experience in financial and business matters, is capable of evaluating the risks and merits of an investment in the Buyer's Shares. Each Seller recognises that the Buyer's Shares are speculative and that investments in the Buyer's Shares involves a high degree of risk. Each Seller is prepared to bear the economic risk of an investment in the Buyer's Shares and is able to withstand a total loss of his or her investment in the Buyer's Shares. Each Seller acknowledges that the purchase of Buyer's Shares hereunder is being made for his or her own account, for investment purposes only and not with the present intention of distributing or reselling the Buyer's Shares in whole or in part.
Capacity of the Sellers. (A) Each of the Sellers has the requisite power and authority to enter into and perform this Agreement and the other documents which are to be executed by that Seller at Completion (the "SELLERS' COMPLETION DOCUMENTS") and has obtained all corporate authorisations and all other applicable governmental, statutory, regulatory or other consents, licences, authorisations, waivers, reviews or exemptions to empower it to enter into this Agreement and the Sellers' Completion Documents.
Capacity of the Sellers. 1.1 The ZD Parent is a company duly incorporated and validly existing under the laws of the state of Delaware, United States of America.