Common use of Existence and Capacity Clause in Contracts

Existence and Capacity. 2.1. The Purchaser has sufficient legal capacity to execute this Agreement and to perform the obligations deriving therefrom. The Purchaser’s representative is acting in accordance with powers of attorney which grant sufficient power and authority to enter into this Agreement.

Existence and Capacity. 2.11.1. The Purchaser Seller has sufficient legal capacity to execute this Agreement and to perform the obligations deriving therefrom. The PurchaserSeller’s representative is acting in accordance with powers of attorney which grant sufficient power and authority to enter into this Agreement.