Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. The Seller has the right, power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller and the performance by the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors or Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company or upon the Shares to be acquired by the Buyer.

Ability to Carry Out Obligations. The Seller Vendor has the right, power, and authority to enter into, and perform its his obligations under this Agreement. The execution and delivery of this Agreement by the Seller Vendor and the performance by the Seller Vendor of its their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, Vendor officers or directors or Seller Vendor are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) Vendor to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company Vendor or upon the Shares Stock of Vendor to be acquired by the BuyerPurchaser.

Ability to Carry Out Obligations. The Seller has the right, power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller and the performance by the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors or the Seller are is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company or upon the Shares to be acquired by the Buyer.

Ability to Carry Out Obligations. The Seller has Shareholders have the right, power, and authority to enter into, and perform its their obligations under this Agreement. The execution and delivery of this Agreement by the Seller Shareholders and the performance by the Seller Shareholders of its their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which XXXX or the Company, the officers, directors or Seller Shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) XXXX to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company XXXX or upon the Shares securities of XXXX to be acquired by the BuyerPURCHASER.

Ability to Carry Out Obligations. The Seller Issuer and each Control Shareholder has the right, power, and authority to enter into, into and perform his or its obligations under this Agreement. The execution and delivery of this Agreement by the Seller Issuer and the performance by the Seller Issuer of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors Issuer or Seller its shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) Issuer to be liable to any party, or (c) an event that would result in the creation or imposition of or any lien, charge, charge or encumbrance on any asset of the Company Issuer or upon the Shares securities of Issuer to be acquired by the BuyerBSM Shareholders.

Ability to Carry Out Obligations. The Seller has Trust, and the shareholders therein, have the right, power, power and authority to enter into, into and perform its their obligations under this Agreement. The execution and delivery of this Agreement by the Seller Trust and the performance by the Seller shareholders of its their obligations hereunder thereunder will not cause, constitute, constitute or conflict with or result in (a) any breach or violation of any of the provisions provision of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylawbylaws, or other agreement or instrument to which the Company, company or the officers, directors Trust or Seller the company's shareholders are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, or (b) an event that would cause the Company (and/or assigns) company to be liable to any party, or (c) an event that would Would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company company or upon the Shares securities of the company to be acquired by the Buyerbuyer.

Ability to Carry Out Obligations. The Seller has the right, power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller and the performance by the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors or Seller are is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company or upon the Shares to be acquired by the Buyer.

Ability to Carry Out Obligations. The Seller has the right, power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller and the performance by the Seller of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of of, or constitute a default under under, any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the CompanyAxxxxx, the its officers, directors or Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, or (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company Axxxxx or upon the Shares to be acquired by the Buyershares of Capital Stock of Axxxxx.

Ability to Carry Out Obligations. The Seller Each of the Stockholders has the right, power, and authority to enter into, into and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller Stockholders and the performance by the Seller Stockholders of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which The Company or the Company, the officers, directors or Seller are Stockholders is a party, party or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) PURCHASERS or Escrow Agent to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the The Company or upon the Shares to be acquired by the BuyerShares.

Ability to Carry Out Obligations. The Seller has have the right, power, and authority to enter into, and perform its their obligations under this Agreement. The execution and delivery of this Agreement by the Seller and the performance by the Seller of its their obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors or Seller are a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company or upon the Shares to be acquired by the Buyer.

Ability to Carry Out Obligations. The Seller has Sellers have the right, power, and authority to enter into, and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Seller Sellers and the performance by the Seller Sellers of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company, the officers, directors or Seller are the Sellers is a party, or by which they may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would cause the Company (and/or assigns) to be liable to any party, or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of the Company or upon the Shares to be acquired by the Buyer.