Common use of Mutual Representations, Covenants and Warranties Clause in Contracts

Mutual Representations, Covenants and Warranties. Each of the parties, for themselves and for the benefit of each of the other parties hereto, represents, covenants and warranties that: (a) Such party has all requisite power and authority, corporate or otherwise, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and thereby. This Agreement constitutes the legal, valid and binding obligation of such party enforceable against such party in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general equitable principles; (b) The execution and delivery by such party and the consummation of the transactions contemplated hereby and thereby do not and shall not, by the lapse of time, the giving of notice or otherwise: (i) constitute a violation of any law; or (ii) constitute a breach of any provision contained in, or a default under, any governmental approval, any writ, injunction, order, judgment or decree of any governmental authority or any contract to which such party is bound or affected; and ___________ 1 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000068/ex2-1.htm 2 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000211/ex2-2.htm (c) Any individual executing this Agreement on behalf of an entity has authority to act on behalf of such entity and has been duly and properly authorized to sign this Agreement on behalf of such entity.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Camber Energy, Inc.), Agreement and Plan of Merger (Camber Energy, Inc.)

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Mutual Representations, Covenants and Warranties. Each of the parties, for themselves and for the benefit of each of the other parties hereto, represents, covenants and warranties that: (a) Such party has all requisite power and authority, corporate or otherwise, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and thereby. This Agreement constitutes the legal, valid and binding obligation of such party enforceable against such party in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general equitable principles;; __________ 1 xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/1309082/000158069520000068/ex2-1.htm 2 xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/1309082/000158069520000211/ex2-2.htm (b) The execution and delivery by such party and the consummation of the transactions contemplated hereby and thereby do not and shall not, by the lapse of time, the giving of notice or otherwise: (i) constitute a violation of any law; or (ii) constitute a breach of any provision contained in, or a default under, any governmental approval, any writ, injunction, order, judgment or decree of any governmental authority or any contract to which such party is bound or affected; and ___________ 1 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000068/ex2-1.htm 2 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000211/ex2-2.htmand (c) Any individual executing this Agreement on behalf of an entity has authority to act on behalf of such entity and has been duly and properly authorized to sign this Agreement on behalf of such entity.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Viking Energy Group, Inc.)

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Mutual Representations, Covenants and Warranties. Each of the partiesParties, for themselves and for the benefit of each of the other parties Parties hereto, represents, covenants and warranties that:: _____________________ 1 xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/1437925/000147793223004933/gmgi_ex22.htm 2 xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/1437925/000147793223007193/gmgi_ex22.htm (a) Such party Party has all requisite power and authority, corporate or otherwise, to execute and deliver this Agreement Amendment and to consummate the transactions contemplated hereby and therebyhereby. This Agreement Amendment constitutes the legal, valid and binding obligation of such party Party enforceable against such party Party in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and general equitable principles; (b) The execution and delivery by such party Party and the consummation of the transactions contemplated hereby and thereby do not and shall not, by the lapse of time, the giving of notice or otherwise: (i) constitute a violation of any law; or (ii) constitute a breach of any provision contained in, or a default under, any governmental approval, any writ, injunction, order, judgment or decree of any governmental authority or any contract to which such party is bound or affected; and ___________ 1 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000068/ex2-1.htm 2 hxxxx://xxx.xxx.xxx/Xxxxxxxx/exxxx/data/1309082/000158069520000211/ex2-2.htmand (c) Any individual executing this Agreement Amendment on behalf of an entity has authority to act on behalf of such entity and has been duly and properly authorized to sign this Agreement Amendment on behalf of such entity.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Golden Matrix Group, Inc.)

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