Common use of Execution, Delivery and Performance of Agreement Clause in Contracts

Execution, Delivery and Performance of Agreement. The execution, delivery and performance by Seller of this Agreement and the consummation of it by the transactions contemplated hereby have been duly authorized by all necessary action. This Agreement has been duly executed and delivered by Seller and constitutes the valid and binding obligation of Seller, enforceable against Seller, in accordance with its terms. The execution, delivery and performance of this Agreement by Seller will not, with or without the giving of notice, the passage of time, or both, violate, conflict with, result in a default, breach or loss of rights under, or result in the creation of any lien, claim or encumbrance pursuant to, any lien, encumbrance, instrument, agreement, or understanding, or any law, regulation, rule, order, judgment or decree, to which Seller is a party or by which it is bound or affected, respectively.

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

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Execution, Delivery and Performance of Agreement. The execution, delivery and performance by Seller Buyer of this Agreement and the consummation of it by the transactions contemplated hereby have been duly authorized by all necessary action. This Agreement has been duly executed and delivered by Seller Buyer and constitutes the valid and binding obligation of SellerBuyer, enforceable against SellerBuyer, in accordance with its terms. The execution, delivery and performance of this Agreement by Seller Buyer will not, with or without the giving of notice, the passage of time, or both, violate, conflict with, result in a default, breach or loss of rights under, or result in the creation of any lien, claim or encumbrance pursuant to, any lien, encumbrance, instrument, agreement, or understanding, or any law, regulation, rule, order, judgment or decree, to which Seller Buyer is a party or by which it is bound or affected, respectively.

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

Execution, Delivery and Performance of Agreement. The execution, delivery and performance by Seller of this Agreement and the consummation of it by the transactions contemplated hereby have been duly authorized by all necessary action. This Agreement has been duly executed and delivered by Seller and constitutes the valid and binding obligation of Seller, enforceable against Seller, him in accordance with its terms. The execution, delivery and performance of this Agreement by Seller will not, with or without the giving of notice, the passage of time, or both, violate, conflict with, result in a default, breach or loss of rights under, or result in the creation of any lien, claim or encumbrance Encumbrance pursuant to, any lien, encumbranceEncumbrance, instrument, agreement, or understanding, or any law, regulation, rule, order, judgment or decree, to which Seller is a party or by which it he is bound or affected, respectively.

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

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Execution, Delivery and Performance of Agreement. The execution, delivery and performance by Seller Sellers of this Agreement and the consummation of it by the transactions contemplated hereby have been duly authorized by all necessary action. This Agreement has been duly executed and delivered by Seller Sellers and constitutes the valid and binding obligation of SellerSellers, enforceable against SellerSellers, jointly and severally, in accordance with its terms. The execution, delivery and performance of this Agreement by Seller Sellers will not, with or without the giving of notice, the passage of time, or both, violate, conflict with, result in a default, breach or loss of rights under, or result in the creation of any lien, claim or encumbrance pursuant to, any lien, encumbrance, instrument, agreement, or understanding, or any law, regulation, rule, order, judgment or decree, to which Seller is Sellers are a party or by which it is bound or affected, respectively.

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

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