Common use of Validity and Execution of Agreement Clause in Contracts

Validity and Execution of Agreement. The Seller has the full legal right, capacity and power and all requisite corporate authority and approval required to enter into, execute and deliver this Agreement and any other agreement or instrument contemplated hereby, and to perform fully its obligations hereunder and thereunder. This Agreement and such other agreements and instruments have been duly executed and delivered by Seller and each constitutes the valid and binding obligation of Seller enforceable against it in accordance with its terms.

Appears in 10 contracts

Samples: Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc), Asset Purchase Agreement (Master Glaziers Karate International Inc)

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Validity and Execution of Agreement. The Seller has the full legal right, capacity and power and all requisite corporate authority and approval required to enter into, execute and deliver this Agreement and any other agreement or instrument contemplated hereby, and to perform fully its his obligations hereunder and thereunderto deliver the Shares in accordance herewith. This Agreement and such other agreements and instruments have has been duly executed and delivered by the Seller and each constitutes the valid and binding obligation of the Seller enforceable against it him in accordance with its terms.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Airxcel Inc), Stock Purchase Agreement (Airxcel Inc), Stock Purchase Agreement (Airxcel Inc)

Validity and Execution of Agreement. The Seller has the full legal right, capacity and all ----------------------------------- necessary power and all requisite authority, corporate authority and approval required otherwise, to enter into, execute and deliver this Agreement and any other agreement or instrument contemplated hereby, and to fully perform fully its obligations hereunder hereunder. The execution and thereunder. This delivery of this Agreement and such other agreements and instruments the consummation of the transactions contemplated herein have been duly executed authorized by all necessary action, corporate or otherwise, on the part of Seller, and delivered by Seller and each this Agreement constitutes the valid and legally binding obligation agreement of Seller Seller, enforceable against it in accordance with its termsthe terms hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Auction Anything Com Inc)

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Validity and Execution of Agreement. The Seller has Each of the Sellers have the full legal right, capacity and power and all requisite corporate authority and approval required to enter into, execute and deliver this Agreement and any other agreement or instrument contemplated hereby, and to perform fully its obligations hereunder and thereunderto transfer the full legal and beneficial ownership of and title to the Capital Stock free and clear in accordance herewith. This Agreement and such other agreements and instruments have has been duly executed and delivered by Seller each of the Sellers and each constitutes the valid and binding obligation of Seller each of the Sellers enforceable against it each of them in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Glenoit Corp)

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