Common use of Capacity to Sell Clause in Contracts

Capacity to Sell. The Vendor is a corporation duly incorporated, validly existing and in good standing under the laws of Nevada with respect to the filing of annual reports, and has the power and capacity to own and dispose of the Assets and to carry on the Vendor's Business as now being conducted by it, and to enter into this Agreement and carry out its terms to the full extent.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Garuda Capital Corp), Asset Purchase Agreement (Semotus Solutions Inc)

AutoNDA by SimpleDocs

Capacity to Sell. The Vendor is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada with respect to the filing of annual reports, and has the power and capacity to own and dispose of the Assets and to carry on the Vendor's ’s Business as now being conducted by it, and to enter into this Agreement and carry out its terms to the full extent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wave Wireless Corp)

Capacity to Sell. The Vendor is a corporation duly incorporated, validly existing and in good standing under the laws of Nevada with respect to the filing of annual reports, and has the power and capacity to own and dispose of the Assets and to carry on the Vendor's ’s Business as now being conducted by it, and to enter into this Agreement and carry out its terms to the full extent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Stockgroup Information Systems Inc)

AutoNDA by SimpleDocs

Capacity to Sell. The Vendor is a corporation duly incorporated, validly existing and in good standing under the laws of Nevada with respect to the filing of annual reportscorporation, and has the power and capacity to own and dispose of the Assets and to carry on the Vendor's Business business as now being conducted by it, and to enter into this Agreement and carry out its terms to the full extent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Armor Enterprises Inc)

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