Ownership and Authority. Company and RCP represent and warrant that they have not sold, assigned, transferred, conveyed or otherwise disposed of any or all of any claim, demand, right, or cause of action, relating to any matter which is covered by this Agreement, that each is the sole owner of such claim, demand, right or cause of action, and each has the power and authority and has been duly authorized to enter into and perform this Agreement and that this Agreement is the binding obligation of each, enforceable in accordance with its terms.
Appears in 6 contracts
Samples: Claim Purchase Agreement (Drone USA Inc.), Settlement Agreement and Stipulation (Simlatus Corp), Settlement Agreement and Stipulation (HempAmericana, Inc.)
Ownership and Authority. Company and RCP represent and warrant that they have not sold, assigned, transferred, conveyed or otherwise disposed of any or all of any claim, demand, right, or cause of action, relating to any matter which is covered by this Agreement, that each is the sole owner of such claim, demand, right or cause of action, and each has the power and authority and has been duly authorized to enter into and perform this Agreement and that this Agreement is the binding bindi ng obligation of each, enforceable in accordance with its terms.
Appears in 1 contract
Samples: Settlement Agreement and Stipulation (Simlatus Corp)
