Powers and obligations of the Seller. 12.1. It has the right, power and authority and has taken all action necessary to execute and deliver and to exercise its rights and perform its obligations under this Agreement and each document to be executed at or before Completion.
Appears in 2 contracts
Samples: Share Transfer Agreement (Wave Sync Corp.), Share Transfer Agreement (Wave Sync Corp.)
Powers and obligations of the Seller. 12.1. 2.1 It has the right, power and authority and has taken all action necessary to execute and deliver and to exercise its rights and perform its obligations under this Agreement and each document to be executed at or before Completion. It is a private company with limited liability and incorporated and validly existing under the laws of its place of incorporation.
Appears in 2 contracts
Samples: Share Transfer Agreement (Le Gaga Holdings LTD), Share Transfer Agreement (Le Gaga Holdings LTD)
Powers and obligations of the Seller. 12.1. 2.1 It has the right, power and authority and has taken all action necessary to execute and deliver and to exercise its rights and perform its obligations under this Agreement and each document to be executed at or before Completion. It is a PUBLIC COMPANY with limited liability and incorporated and validly existing under the laws of its place of incorporation.
Appears in 2 contracts
Samples: Share Transfer Agreement, Agreement (Silicon South Inc)