Power and Capacity; Enforceability Clause Samples
Power and Capacity; Enforceability. Each of the Seller and the Guarantor has the requisite power and authority to execute, deliver and perform its obligations under this Agreement. This Agreement and all other agreements to be executed by the Seller in connection herewith have been duly executed and delivered by and are valid, binding and enforceable against each of the Seller and the Guarantor if it is a party thereto, except as such enforcement may be limited by bankruptcy, insolvency or other similar laws affecting the enforcement of creditors’ rights generally and except that the availability of equitable remedies is subject to the discretion of the court before which any proceeding therefor may be brought.
Power and Capacity; Enforceability. Such Stockholder possesses all requisite capacity necessary to enter into this Agreement and any Ancillary Agreements to which she, he or they is/are a party and to consummate the Transactions. This Agreement and any Ancillary Agreements to which such Stockholder is a party have been duly executed and delivered by such Stockholder and the obligations of such Stockholder hereunder and thereunder are or will be, upon such execution and delivery (and assuming the due authorization, execution and delivery by the other parties hereto and thereto), valid, legally binding and enforceable against such Stockholder in accordance with their respective terms.
Power and Capacity; Enforceability. The Members possesses all requisite capacity necessary to enter into this Agreement and to consummate the Transactions. This Agreement to which the Members are parties have been duly executed and delivered by the Members and the obligations of the Members hereunder are or will be, upon such execution and delivery (and assuming the due authorization, execution and delivery by the other parties hereto), valid, legally binding and enforceable against the Members in accordance with their respective terms.
Power and Capacity; Enforceability. The Stockholders possesses all requisite capacity necessary to enter into this Agreement and to consummate the Transactions. This Agreement to which the Stockholders are parties have been duly executed and delivered by the Stockholders and the obligations of the Stockholders hereunder are or will be, upon such execution and delivery (and assuming the due authorization, execution and delivery by the other parties hereto), valid, legally binding and enforceable against the Stockholders in accordance with their respective terms.
Power and Capacity; Enforceability. The Vendor has the full power and capacity to own the Purchased Shares and to enter into this Agreement and to carry out its obligations hereunder. This Agreement has been duly executed and delivered by the Vendor and constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms, subject to the qualification that such enforceability may be limited by bankruptcy, insolvency, reorganization or other laws of general application relating to or affecting rights of creditors and that equitable remedies, including specific performance, are discretionary and may not be ordered by a court.
