Power and Authority of the Seller Sample Clauses

Power and Authority of the Seller. The Seller has the power and authority to execute and deliver this Agreement and to perform its obligations under each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Issuer and the Seller has duly authorized such sale and assignment to the Issuer by all necessary action; and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party has been duly authorized by the Seller by all necessary action.
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Power and Authority of the Seller. The Seller has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; the Seller has full corporate power and authority to sell and assign the property to be sold and assigned to and deposited with the Issuer (or with the Eligible Lender Trustee on behalf of the Issuer) and the Seller has duly authorized such sale and assignment to the Issuer (or to the Eligible Lender Trustee on behalf of the Issuer) by all necessary corporate action; and the execution, delivery and performance of this Agreement have been duly authorized by the Seller by all necessary corporate action.
Power and Authority of the Seller. The Seller has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; the Seller has full corporate power and authority to sell (with NBD conveying legal title as trustee on behalf of the Seller) and assign the property to be sold and assigned to and deposited with the Issuer (or with the Eligible Lender Trustee on behalf of the Issuer) and the Seller has duly authorized such sale and assignment to the Issuer (or to the Eligible Lender Trustee on behalf of the Issuer) by all necessary corporate action; and the execution, delivery and performance of this Agreement have been duly authorized by the Seller by all necessary corporate action.
Power and Authority of the Seller. The Seller has the power and --------------------------------- authority to execute and deliver this Agreement and to perform its obligations under this Agreement and each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Transferor, and the Seller has duly authorized such sale and assignment to the Transferor by all necessary limited liability company action, and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party and of each Subsequent Transfer Agreement has been duly authorized by the Seller by all necessary limited liability company action.
Power and Authority of the Seller. KBNA has the national banking association power and authority to execute and deliver this Agreement and to carry out its terms; the Seller has full national banking association power and authority to sell and assign the property to be sold and assigned to and deposited with the Depositor Eligible Lender Trustee and the Purchaser and the Seller has duly authorized such sale and assignment to the Depositor Eligible Lender Trustee, with respect to legal title to the Financed Student Loans, and the Purchaser by all necessary national banking association action; and the execution, delivery and performance of this Agreement have been duly authorized by the Seller by all necessary national banking association action.
Power and Authority of the Seller. The Seller has the right, power and capacity to execute, deliver and perform this Agreement and to consummate the transactions contemplated by this Agreement. The execution, delivery and performance of this Agreement, and the consummation of the transactions contemplated hereby, have been duly and validly authorized by all necessary corporate action on the part of the Seller. This Agreement has been duly and validly executed and delivered by the Seller and constitutes the Seller's legal, valid and binding obligation, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium, reorganization or similar laws in effect which affect the enforcement of creditors' rights generally, or equitable principles.
Power and Authority of the Seller. (a) The Seller has full power and authority to execute and deliver this Agreement and each other document or instrument delivered in connection herewith and to consummate the transactions contemplated hereby.
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Power and Authority of the Seller. (a) The Seller is a company duly organized and validly existing under the laws of Sweden.
Power and Authority of the Seller. (a) The Seller is a company duly organized and validly existing under the laws of The Netherlands.
Power and Authority of the Seller. Seller has full right, power and authority to enter into this Agreement and the Ancillary Documents to which Seller is a party, to carry out Seller’s obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery by Seller of this Agreement and any Ancillary Document to which Seller is a party, the performance by Seller of its obligations hereunder and thereunder, and the consummation by Seller of the transactions contemplated hereby and thereby have been duly authorized by all requisite action on the part of Seller. This Agreement has been duly executed and delivered by Seller, and (assuming due authorization, execution and delivery by the other parties hereto) this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as enforceability thereof may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally and limitations on the availability of equitable remedies. When each Ancillary Document to which Seller is a party has been duly executed and delivered by Seller (assuming due authorization, execution and delivery by each other party thereto), such Ancillary Document will constitute a legal, valid and binding obligation of Seller enforceable against it in accordance with its terms, except as enforceability thereof may be limited by bankruptcy, insolvency or other laws affecting creditors’ rights generally and limitations on the availability of equitable remedies.
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