Common use of Representations and Warranties - Seller Clause in Contracts

Representations and Warranties - Seller. Seller represents and warrants to Purchaser upon the execution hereof and at Closing that: (i) Seller is a corporation duly organized and validly existing under the laws of the country of Norway, and it has the power and authority to own its assets and carry on its business as presently carried on; (ii) the execution, delivery and performance of the Operative Documents to which it is a party and the consummation of the transactions contemplated thereby have been (or by Closing will have been) duly authorized by all necessary action of Seller; (iii) assuming the validity of execution and delivery by any other parties other than the Purchaser, the Operative Documents when executed and delivered by Seller constitute or will constitute legal, valid and binding obligations of Seller and enforceable in accordance with their respective terms except to the extent that such enforceability may be limited by bankruptcy, insolvency or similar laws respecting creditors' rights generally;

Representations and Warranties - Seller. Seller represents and warrants to Purchaser upon the execution hereof and at Closing that: (i) Seller is a corporation duly organized and validly existing under the laws of the country of NorwayTaiwan, and it has the power and authority to own its assets and carry on its business as presently carried on; (ii) the execution, delivery and performance of the Operative Documents to which it is a party and the consummation of the transactions contemplated thereby have been (or by Closing will have been) duly authorized by all necessary action of Seller; (iii) assuming the validity of execution and delivery by any other parties other than the Purchaser, the Operative Documents when executed and delivered by Seller Purchaser constitute or will constitute legal, valid and binding obligations of Seller and enforceable in accordance with their respective terms except to the extent that such enforceability may be limited by bankruptcy, insolvency or similar laws respecting creditors' rights generally;

Representations and Warranties - Seller. Seller represents and warrants to Purchaser upon the execution hereof and at Closing that: (i) Seller is a corporation duly organized and validly existing under the laws of the country of NorwayBelgium, and it has the power and authority to own its assets and carry on its business as presently carried on; (ii) the execution, delivery and performance of the Operative Documents to which it is a party and the consummation of the transactions contemplated thereby have been (or by Closing will have been) duly authorized by all necessary action of Seller; (iii) assuming the validity of execution and delivery by any other parties other than the Purchaser, the Operative Documents when executed and delivered by Seller constitute or will constitute legal, valid and binding obligations of Seller and enforceable in accordance with their respective terms except to the extent that such enforceability may be limited by bankruptcy, insolvency or similar laws respecting creditors' rights generally;