Common use of Authority to Sell Clause in Contracts

Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;

Appears in 1 contract

Samples: Asset Transfer Agreement

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Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have has been duly and validly authorized by all necessary corporate action on the part of the Vendor Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;terms.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Ilink Telecom Inc)

Authority to Sell. The execution All necessary company action on the Vendor's part has duly and validly authorized the signing and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor this Agreement, and this Agreement constitutes a legal, valid valid, and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ableauctions Com Inc)

Authority to Sell. The execution All necessary action on the Vendor's part has duly and validly authorized the signing and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor this Agreement, and this Agreement constitutes a legal, valid valid, and binding obligation of the Vendor enforceable against the Vendor him in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ableauctions Com Inc)

Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have has been duly and validly authorized by all necessary corporate action on the part of the Vendor Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Agreement (Forest Glade International Inc)

Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions contemplated hereby by this Agreement have been duly and validly authorized by all necessary corporate action on the part of the Vendor Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Agreement (Garuda Capital Corp)

Authority to Sell. The execution All necessary corporate action on the Vendor's part has duly and validly authorized the signing and delivery of this Agreement and the completion of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor this Agreement, and this Agreement constitutes a legal, valid valid, and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Whispering Oaks International Inc)

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Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions transaction contemplated hereby by this Agreement have been duly and validly authorized by all necessary corporate action on the part of the Vendor, including a special resolution of the sole shareholder of the Vendor consenting to the sale of all or substantially all of the assets of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;terms. 5.3

Appears in 1 contract

Samples: Asset Purchase Agreement (Gameweaver Com Inc)

Authority to Sell. The execution and delivery of this Agreement and the completion of the transactions transaction contemplated hereby by this Agreement have been duly and validly authorized by all necessary corporate action on the part of the Vendor and its members, if applicable, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws Laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Services Agreement

Authority to Sell. The the execution and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor it in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactionscreditors;

Appears in 1 contract

Samples: Employment Agreement (Global Green Solutions Inc.)

Authority to Sell. The execution All necessary corporate action on the Vendor's part has duly and validly authorized the signing and delivery of this Agreement and the completion of the transactions transaction contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor this Agreement, and this Agreement constitutes a legal, valid valid, and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors and subject to compliance with the provisions of the Competition Act relating to notifiable transactions;creditors.

Appears in 1 contract

Samples: Agreement (Ableauctions Com Inc)

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