Common use of Ownership and Authority Clause in Contracts

Ownership and Authority. Company and TARPON 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 3 contracts

Samples: Settlement Agreement and Stipulation (Worthington Energy, Inc.), Settlement Agreement (Premier Brands, Inc.), Settlement Agreement and Stipulation (STL Marketing Group, Inc.)

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Ownership and Authority. The Company and TARPON each represent and warrant that they have not neither of them has sold, assigned, transferred, conveyed or otherwise disposed of all or any or all portion 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 . Each also has the power and authority and has been duly authorized to enter into and perform their respective obligations pursuant to this Agreement and that this Agreement Agreement, which is the binding obligation of each, enforceable in accordance with according to its terms.

Appears in 2 contracts

Samples: Settlement Agreement and Stipulation (Andalay Solar, Inc.), Settlement Agreement and Stipulation (Progressive Care Inc.)

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Ownership and Authority. The Company and TARPON each represent and warrant that they have not neither of them has sold, assigned, transferred, conveyed or otherwise disposed of all or any or all portion of any claim, demand, right, or cause of action, 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 . Each also has the power and authority and has been duly authorized to enter into and perform their respective obligations pursuant to this Agreement and that this Agreement Agreement, which is the binding obligation of each, enforceable in accordance with according to its terms.

Appears in 1 contract

Samples: Settlement Agreement and Stipulation (Propanc Health Group Corp)

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