Common use of Legal Authority, Binding Effect Clause in Contracts

Legal Authority, Binding Effect. Seller has the full capacity, power and authority to execute and deliver this Agreement and to transfer the Assets as contemplated herein. Seller has full capacity, right, power and authority to execute, deliver and perform its obligations under this Agreement and all other agreements, certificates and documents (collectively, the “Seller’s Documents”) executed or delivered or to be executed or delivered by Seller in connection herewith. This Agreement and the other Seller’s Documents constitute legal, valid and binding obligations of Seller, enforceable in accordance with their respective terms.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Planet Polymer Technologies Inc), Asset Purchase Agreement (Planet Polymer Technologies Inc), Asset Purchase Agreement (Planet Polymer Technologies Inc)

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Legal Authority, Binding Effect. Seller has the full capacity, power and authority to execute and deliver this Agreement and to transfer the Assets as contemplated herein. Seller has full capacity, right, power and authority to execute, deliver and perform its obligations under this Agreement and all other agreements, certificates and documents (collectively, the "Seller’s 's Documents") executed or delivered or to be executed or delivered by Seller in connection herewith. This Agreement and the other Seller’s 's Documents constitute legal, valid and binding obligations of Seller, enforceable in accordance with their respective terms.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Fosberg J Roberts), Asset Purchase Agreement (Glenn Scott L), Asset Purchase Agreement (Planet Polymer Technologies Inc)

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