Common use of Capacity of the Vendor Clause in Contracts

Capacity of the Vendor. 2.1 The Vendor has full and requisite power, authority and capacity and all other applicable governmental, statutory, regulatory or other consents, licences, authorisations, waivers or exemptions required to empower it to enter into and perform its obligations under this Agreement and any agreement entered into pursuant to the terms of this Agreement, and the provisions of this Agreement will, when executed, constitute legal, valid and binding obligations on the Vendor and enforceable against it in accordance with their respective terms.

Capacity of the Vendor. 2.1 The Vendor has legal right and full and requisite power, authority and capacity capacity, and all other applicable governmentalno further action, statutory, regulatory approval or other consents, licences, authorisations, waivers or exemptions consent is required to empower it be taken or obtained for it, to enter into and perform its obligations under this Agreement and any agreement entered into pursuant to the terms of this Agreement, and the provisions of this Agreement will, which when executed, executed will constitute legal, valid and binding obligations on the Vendor and enforceable against it Vendor, in accordance with their respective terms.

Capacity of the Vendor. 2.1 The Vendor is duly incorporated or otherwise created and validly subsisting and in good standing under the laws of the jurisdiction of its incorporation or creation, as applicable, and has full and requisite power, authority and the legal capacity and all other applicable governmental, statutory, regulatory or other consents, licences, authorisations, waivers or exemptions required competence to empower it to enter into and perform its obligations under execute this Agreement and any agreement entered into to take all actions required pursuant hereto and all necessary approvals by directors and shareholders of the Vendor, or otherwise, have been given to the terms of this Agreement, authorize it to execute and the provisions of deliver this Agreement will, when executed, constitute legal, valid and binding obligations on the Vendor and enforceable against it in accordance with their respective termsto take all actions required pursuant hereto.