Common use of Legal Status and Capacity of the Transferor Clause in Contracts

Legal Status and Capacity of the Transferor. The Transferor has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently as a subject of actions. The execution by the Transferor of this Agreement and its performance of the obligations hereunder will neither violate any relevant laws, regulations and government orders nor conflict with any contract or agreement to which the Transferor is a party or by which its assets are bound.

Appears in 6 contracts

Samples: Exclusive Call Option Agreement, Equity Transfer Agreement (Youku Tudou Inc.), Equity Transfer Agreement (Tudou Holdings LTD)

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