Common use of Power and Capacity Clause in Contracts

Power and Capacity. The Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the Shareholder’s valid, legal and binding obligation and is enforceable against the Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

Appears in 3 contracts

Samples: Stock Purchase Agreement (Powergae, Inc.), Stock Purchase Agreement (El Maniel International Inc), Stock Purchase Agreement (LogSearch, Inc.)

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Power and Capacity. The Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the Shareholdereach Shareholders’s valid, legal and binding obligation and is enforceable against the such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;; SUNO — Corporate Status and Capacity

Appears in 3 contracts

Samples: Stock Purchase Agreement (Sun Oil & Gas, Inc), Stock Purchase Agreement (China Us Bridge Capital Ltd.), Stock Purchase Agreement (Sun Oil & Gas, Inc)

Power and Capacity. The Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the each Shareholder’s valid, legal and binding obligation and is enforceable against the such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

Appears in 2 contracts

Samples: Stock Purchase Agreement (Supreme Realty Investments, Inc.), Stock Purchase Agreement (Zujun Xu)

Power and Capacity. The Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the Shareholder’s valid, legal and binding obligation and is enforceable against the Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;; MGUP - Corporate Status and Capacity

Appears in 1 contract

Samples: Stock Purchase Agreement (Montgomery Real Estate Service, Inc.)

Power and Capacity. The Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the each Shareholder’s valid, legal and binding obligation and is enforceable against the such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;; ISDERA - Corporate Status and Capacity

Appears in 1 contract

Samples: Stock Purchase Agreement (Isdera North America, Inc.)

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Power and Capacity. The Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the Shareholder’s 's valid, legal and binding obligation and is enforceable against the Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors' rights;; (b)

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (China Digital Ventures Corp)

Power and Capacity. The Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes the each Shareholder’s valid, legal and binding obligation and is enforceable against the such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;; BEST CARE - Corporate Status and Capacity

Appears in 1 contract

Samples: Stock Purchase Agreement (Best Care Inc)

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