Common use of Right, power, authority and action Clause in Contracts

Right, power, authority and action. 1.1.1 The Seller has the right, power and authority, and has taken all actions necessary, to execute, deliver and exercise its rights, and perform its obligations, under this Agreement and each document to be executed by the Seller at Completion. 1.1.2 Each Group Company has the right, power and authority, and has taken all actions necessary, to hold the Approved Project. 1.1.3 There have not been and are no breach by the Seller or any Group Company of its constitutional documents.

Appears in 5 contracts

Samples: Acquisition Agreement, Acquisition Agreement, Acquisition Agreement

AutoNDA by SimpleDocs

Right, power, authority and action. 1.1.1 The Seller has the right, power and authority, and has taken all actions necessary, to execute, deliver and exercise its rights, and perform its obligations, under this Agreement and each document to be executed by the Seller at Completion. 1.1.2 Each Group The Company has the right, power and authority, and has taken all actions necessary, to hold the Approved Project. 1.1.3 There have not been and are no breach by the Seller or any Group the Company of its constitutional documents.

Appears in 2 contracts

Samples: Agreement for the Sale and Purchase of Shares, Agreement for the Sale and Purchase of Shares

AutoNDA by SimpleDocs

Right, power, authority and action. 1.1.1 1.2.1 The Seller has the right, power and authority, and has taken all actions action necessary, to execute, deliver and exercise its rights, and perform its obligations, under this Agreement and each document to be executed by the Seller at or before Completion. 1.1.2 Each Group 1.2.2 The Company has the right, power and authority, and has taken all actions necessary, authority to hold conduct its business as conducted at the Approved Projectdate of this Agreement. 1.1.3 There have not been and are no breach by the Seller or any Group Company of its constitutional documents.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Aioi Insurance Company of Europe Limited (Enstar Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!