Declaration and Guarantee. 5.1 The Parties of this Agreement hereby represents, undertakes and guarantees to each other as follows: 1) possess appropriate competence and power to conclude this Agreement; 2) have capability to fulfill obligations under this Agreement; 3) No performance of obligations under this Agreement is in breach of any restriction in legal documents that binds. 5.2 This Agreement, once being signed, shall constitute to both parties legal and effective obligations that can be enforced according to the provisions of this Agreement.
Appears in 10 contracts
Samples: Agreement on Authorization to Exercise Shareholder’s Voting Power (Sina Corp), Authorization to Exercise Shareholder’s Voting Power (WEIBO Corp), Agreement on Authorization to Exercise Shareholder’s Voting Power (Sina Corp)
Declaration and Guarantee. 5.1 The Parties of this Agreement hereby represents, undertakes and guarantees to each other as follows:
1) possess appropriate competence and power to conclude this Agreement;
2) have capability to fulfill obligations under this Agreement;
3) No performance of obligations under this Agreement is in breach of any restriction in legal documents that binds.
5.2 This Agreement, once being signed, shall constitute to both parties legal and effective obligations that can be enforced according to the provisions of this Agreement.
Appears in 2 contracts
Samples: Authorization to Exercise Shareholder’s Voting Power Agreement (Sina Corp), Authorization to Exercise Shareholder’s Voting Power (Sina Corp)
