Authority to Exchange. As of the date of this Agreement, SHAREHOLDERS hold 100% of the shares of SLAIT common stock. Such shares are owned of record and beneficially by SHAREHOLDERS and such shares are not subject to any lien, encumbrance or pledge. SHAREHOLDERS hold authority to exchange such shares pursuant to this Agreement.
Authority to Exchange. As of the date of this Agreement, the SELLING SHAREHOLDER holds 100% of the shares of Witnet common stock. Such shares are owned of record by the SELLING SHAREHOLDER and such shares are not subject to any lien, encumbrance or pledge. The SELLING SHAREHOLDER holds authority to exchange such shares pursuant to this Agreement. This Agreement is a valid and binding obligation the Selling Shareholders to exchange their shares of Witnet as provided for in this Agreement.
Authority to Exchange. Once a satisfactory Solicitor's Undertaking has been provided and has been approved by [Local Authority], you will be issued with the First Homes Authority to Exchange and Compliance Certificate. Contracts must be exchanged within 3 months from the date on which the Authority to Proceed and Eligibility Approval was first issued. Should you fail to exchange contracts within the 3 months from the date of the issue of the original Authority to Proceed and Eligibility Approval, you are not authorised to exchange contracts unless: [Local Authority] has confirmed in writing that the currently issued Authority to Proceed and Eligibility Approval can be extended; or the Purchasers have resubmitted their application and the Purchasers have obtained a revised Authority to Proceed and Eligibility Approval. If you become aware of any matter prior to exchange of contracts which would not comply with the terms of the Scheme or prejudice our position, you are required to immediately notify [Local Authority] and refrain from exchanging contracts without further authority. [Local Authority] reserves the right to withdraw the Authority to Exchange at any time prior to exchange if it becomes aware that the Purchaser no longer meet(s) the First Homes eligibility criteria or the Property no longer meets the planning obligations in the agreement between Builder and [Local Authority]. Exchange of contracts For the avoidance of doubt, you are not permitted to exchange contracts: Unless the Authority to Exchange and Compliance Certificate has been issued by [Local Authority]; and Unless exchange takes place within three months of the issue of the Authority to Proceed and Eligibility Approval, unless the Authority to Proceed and Eligibility Approval has been extended by [Local Authority]. where the deposit is more than 5% of the First Homes Purchase Price. You must satisfy yourself that the balance of the Purchaser's cash contribution (if any) will be available on or before completion. Unless the transfer is in the form annexed at Schedule 11. Confirmation of Exchange Within two working days of exchange, you must: Send the Confirmation of Exchange Form to [Local Authority], confirming that exchange has taken place; Confirm to [Local Authority], the proposed completion date and that completion will not be longer than six months following the date of exchange; Confirm to [Local Authority] that the terms of the purchase of the Property accord with the Solicitor's Undertaking. Pre-comp...
Authority to Exchange. As of the date of this Agreement, the SELLING SHAREHOLDERS holds 100% of the shares of MB Tech common stock. Such shares are owned of record by the SELLING SHAREHOLDERS and such shares are not subject to any lien, encumbrance or pledge. The SELLING SHAREHOLDERS holds authority to exchange such shares pursuant to this Agreement. This Agreement is a valid and binding obligation the Selling Shareholders to exchange their shares of MB Tech as provided for in this Agreement.
Authority to Exchange. As of the date of this Agreement, PLANCHE holds 100% of the shares of LUMITECH common stock. Such shares are owned of record and beneficially by PLANCHE and such shares are not subject to any lien, encumbrance or pledge. PLANCHE holds authority to exchange such shares pursuant to this Agreement.
Authority to Exchange. As of the date of this Agreement, SMITH holds 100% of the sharex xx PFB common stock. Such shares are owned of record and beneficially by SMITH and such shares are not xxxxect to any lien, encumbrance or pledge. SMITH holds authority to exchxxxx such shares pursuant to this Agreement.
Authority to Exchange. As of the date of this Agreement, the SELLING ---------------------- SHAREHOLDERS hold 100% of the shares of KSign common stock. Such shares are owned of record by the SELLING SHAREHOLDERS and such shares are not subject to any lien, encumbrance or pledge. The SELLING SHAREHOLDERS hold authority to exchange such shares pursuant to this Agreement. This Agreement is a valid and binding obligation the Selling Shareholders to exchange their shares of KSign as provided for in this Agreement.
Authority to Exchange. As of date of this Agreement, the SELLING SHAREHOLDER holds 100% of the shares of NCPI common stock. Such shares are owned of record by the SELLING SHAREHOLDER and such shares are not subject to any lien, encumbrance or pledge. The SELLING SHAREHOLDER holds authority to exchange such shares pursuant to this Agreement.
Authority to Exchange. Each of EDG and the Sub has all requisite corporate power and authority to execute, deliver, and perform this Agreement. All necessary corporate proceedings of each of EDG and the Sub have been duly taken to authorize the execution, delivery, and performance of this Agreement by each of EDG and the Sub. This Agreement and all exhibits hereto have been duly authorized, executed, and delivered by EDG and the Sub, constitute the legal, valid, and binding obligation of each of EDG and the Sub and are enforceable as to each of them in accordance with its terms. No consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local, or other governmental authority or any court or other tribunal is required by EDG or the Sub for the execution, delivery, or performance of this Agreement and exhibits by EDG and the Sub, except for federal and state securities laws notice filings which EDG will make prior to closing. No consent of any party to any contract, agreement, instrument, lease, license, arrangement, or understanding to which EDG or the Sub is a party, or to which it or any of its properties or assets are subject, is required for the execution, delivery or performance of this Agreement and exhibits; and, except where such breach would not have a Material Adverse Effect, the execution, delivery, and performance of this Agreement and exhibits will not violate, result in a breach of, conflict with, or (with or without the giving of notice or the passage of time or both) entitle any party to terminate or call a default under any term of any such contract, agreement, instrument, lease, license, arrangement, or understanding, or violate or result in a breach of any term of the Articles of Incorporation (or other charter document) or Bylaws or other organizational documents, as amended, of EDG or the Sub; or violate, result in a breach of, or conflict with any law, rule, regulation, order, judgment, or decree binding on EDG or the Sub or to which EDG's or the Sub's operations, business, properties, or assets are subject.
Authority to Exchange. As of the date of this Agreement, SHAREHOLDERS holds 100% of the shares of CMST common stock. Such shares are owned of record and beneficially by SHARE-HOLDERS and such shares are not subject to any lien, encumbrance or pledge. SHAREHOLDERS hold authority to exchange such shares pursuant to this Agreement.
