Common use of POWER TO SELL THE COMPANY Clause in Contracts

POWER TO SELL THE COMPANY. 1.1 The Sellers have taken all necessary action and have all requisite power and authority for them to enter into and perform this agreement and the other documents referred to in it. 1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement and such other documents.

Appears in 1 contract

Samples: Exhibit (Ems Technologies Inc)

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POWER TO SELL THE COMPANY. 1.1 The Sellers have taken all necessary action and each have all requisite power and authority for them to enter into and perform their obligations under this agreement Agreement in accordance with its terms and the other documents referred to in it. 1.2 This agreement Agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers enforceable against the Sellers in the terms of the agreement Agreement and such other documents.

Appears in 1 contract

Samples: Share Purchase Agreement (Navios Maritime Holdings Inc.)

POWER TO SELL THE COMPANY. 1.1 The Sellers have taken all necessary action and have all requisite power and authority for them to enter into and perform this agreement Agreement and the other documents referred to in it. 1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement and such other documents.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Ace Comm Corp)

POWER TO SELL THE COMPANY. 1.1 The Each of the Sellers have taken all has the necessary action and have all requisite power and authority for them to enter into and perform this agreement Agreement and the other documents referred to in it. 1.2 This agreement Agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement Agreement and such other the documents.

Appears in 1 contract

Samples: Share Purchase Agreement (Commtouch Software LTD)

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POWER TO SELL THE COMPANY. 1.1 The Sellers have Seller has taken all necessary action and have and, subject to the entry of the Sale Order, has all requisite power and authority for them to enter into and perform this agreement in accordance with its terms and the other documents referred to in it. 1.2 This Subject to the entry of the Sale Order, this agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers Seller in the terms of the agreement and such other documents.

Appears in 1 contract

Samples: Share Purchase Agreement (Lenco Mobile Inc.)

POWER TO SELL THE COMPANY. 1.1 The Sellers have taken all necessary action and have all requisite power and authority for them to enter into and perform this agreement and the other documents referred to in it. 1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement and such other documents.

Appears in 1 contract

Samples: Share Purchase Agreement (Netsol Technologies Inc)

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