POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform this agreement in accordance with its terms 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. 1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following: (a) any agreement or instrument to which any of the Sellers is a party or by which any of them is bound; or (b) any order, judgment, decree or other restriction applicable to any of the Sellers.
Appears in 2 contracts
Samples: Share Purchase Agreement (Capital Markets Technologies, Inc.), Share Purchase Agreement (Capital Markets Technologies, Inc.)
POWER TO SELL THE COMPANY. 1.1 The Sellers have Seller has taken all necessary action and has all requisite power and authority to enter into and perform this agreement in accordance with its terms 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 Seller in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
(a) 1.3.1 any agreement or instrument to which any of the Sellers Seller is a party or by which any of them the Seller is bound; or
(b) 1.3.2 any order, judgment, decree or other restriction applicable to any of the SellersSeller.
Appears in 1 contract
Samples: Share Purchase Agreement (Global Traffic Network, Inc.)
POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform this agreement in accordance with its terms and to enter into and perform 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.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
(a) any agreement or instrument to which any of the Sellers is a party or by which any of them is bound; or
(b) any law, regulation, order, judgment, decree or other restriction applicable to any of the Sellers.
Appears in 1 contract
Samples: Share Purchase Agreement (Greenworld Development, Inc.)
POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform 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 in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement Agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
(a) any agreement or instrument to which any of the Sellers is a party or by which any of them is bound; or
(b) any order, judgment, decree or other restriction applicable to any of the Sellers.
Appears in 1 contract
Samples: Share Purchase Agreement (Coda Octopus Group, Inc.)
