Common use of Execution and Performance of Agreement Clause in Contracts

Execution and Performance of Agreement. Crews has the requisite right, power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement and (i) each of the Transaction Documents; and, (ii) each of the other instruments and agreements to be executed and delivered by Crews in connection with this Agreement, as well as all transactions contemplated hereunder. All requisite proceedings have been taken and Cxxxx has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by Crews of this Agreement, and each of the Transaction Documents to which it is a party. This Agreement has been duly and validly executed and delivered by Crews and constitutes the valid, binding, and enforceable obligation of Crews, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law.

Appears in 3 contracts

Samples: Revenue Interest Purchase Agreement (American Rebel Holdings Inc), Revenue Interest Purchase Agreement (American Rebel Holdings Inc), Revenue Interest Purchase Agreement (American Rebel Holdings Inc)

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Execution and Performance of Agreement. Crews Buyer has the requisite right, corporate power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement and (i) each of the Transaction Documents; and, (ii) each of the other instruments and agreements to be executed and delivered by Crews Buyer in connection with this Agreement, as well as all transactions contemplated hereunder. All requisite proceedings have been taken and Cxxxx Buyer has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by Crews Buyer of this Agreement, and each of the Transaction Documents to which it is a party. This Agreement has been duly and validly executed and delivered by Crews Buyer and constitutes the valid, binding, and enforceable obligation of CrewsBuyer, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor’s rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law.

Appears in 1 contract

Samples: Asset Purchase Agreement (LandStar, Inc.)

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