Common use of POWER TO SELL THE SALE SHARES Clause in Contracts

POWER TO SELL THE SALE SHARES. 1.1 Each Seller has the requisite power and authority to enter into and perform this agreement and the documents referred to in it (to which it is a party), and they constitute valid, legal and binding obligations on each Seller in accordance with their respective terms. 1.2 The execution and performance by the Sellers of this agreement and the documents referred to in it will not breach or constitute a default under any Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any Seller.

Appears in 2 contracts

Samples: Share Purchase Agreement (Lottery.com Inc.), Share Purchase Agreement (Lottery.com Inc.)

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POWER TO SELL THE SALE SHARES. 1.1 Each Seller has the requisite power and authority to enter into and perform this agreement and the documents referred to in it (to which it is a party), and they constitute valid, legal and binding obligations on each that Seller in accordance with their respective terms. 1.2 The execution and performance by the Sellers each Seller of this agreement and the documents referred to in it to which that Seller is a party will not breach or constitute a default under any Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any a Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Pacific Green Technologies Inc.)

POWER TO SELL THE SALE SHARES. 1.1 Each Seller has the 2.1 The Sellers have taken all necessary actions and have all requisite power and authority to enter into and perform this agreement and the other documents referred to in it (to which it is they are a party), ) in accordance with their respective terms. 2.2 This agreement and they the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on each Seller in accordance with their respective terms. 1.2 The execution and performance by the Sellers of this agreement and the documents referred to in it will not breach or constitute a default under any Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Sl Industries Inc)

POWER TO SELL THE SALE SHARES. 1.1 Each Seller has the The Sellers have taken all necessary actions and have all requisite power and authority to enter into and perform this agreement and the documents referred to in it (any other Transaction Documents to which it is they are a party), and they constitute valid, legal and binding obligations on each Seller party in accordance with their respective termsterms and applicable laws. 1.2 The execution and performance by the Sellers of this agreement and the documents referred to in it will not breach or constitute a default under any Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Aegean Marine Petroleum Network Inc.)

POWER TO SELL THE SALE SHARES. 1.1 Each The Seller has the requisite power and authority to enter into and perform this agreement Agreement and the documents referred to in it (to which it is a party), and they constitute valid, legal and binding obligations on each the Seller in accordance with their respective terms. 1.2 The execution and performance by the Sellers Seller of this agreement Agreement and the documents referred to in it have been duly authorized by all necessary company action and will not breach or constitute a default under any the Seller’s articles of association, or any agreement, instrument, order, judgment judgement or other restriction which binds any the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Achieve Life Sciences, Inc.)

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POWER TO SELL THE SALE SHARES. 1.1 Each The Seller has the requisite power and authority to enter into and perform this agreement and the documents referred to in it (to which it is a party), and they constitute valid, legal and binding obligations on each the Seller in accordance with their respective terms. 1.2 The the execution and performance by the Sellers Seller of this agreement and the documents referred to in it will not breach or constitute a default under any the Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Joint Stock Financial Corp Sistema)

POWER TO SELL THE SALE SHARES. 1.1 Each Seller has the The Sellers have taken all necessary actions and have all requisite power and authority to enter into and perform this agreement Agreement and the other documents referred to in it (to which it is they are a party), ) in accordance with their respective terms. 1.2 This Agreement and they the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on each Seller in accordance with their respective terms. 1.2 The execution and performance by the Sellers of this agreement and the documents referred to in it will not breach or constitute a default under any Seller’s articles of association, or any agreement, instrument, order, judgment or other restriction which binds any Seller.

Appears in 1 contract

Samples: Guaranty Agreement (Alpha Technology Group LTD)

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