Common use of Existence and Capacity Clause in Contracts

Existence and Capacity. 1.1. The Seller has sufficient legal capacity to execute this Agreement and to perform the obligations deriving therefrom. The Seller’s representative is acting in accordance with powers of attorney which grant sufficient power and authority to enter into this Agreement.

Existence and Capacity. 1.12.1. The Seller Purchaser has sufficient legal capacity to execute this Agreement and to perform the obligations deriving therefrom. The SellerPurchaser’s representative is acting in accordance with powers of attorney which grant sufficient power and authority to enter into this Agreement.