Common use of Entity Power and Capacity Clause in Contracts

Entity Power and Capacity. The Seller has the entity power, authority and capacity to own or lease its assets, including the Purchased Assets, and to carry on the Business as now being conducted by it.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Medical Transcription Billing, Corp)

Entity Power and Capacity. The Seller has Parties have the entity power, authority and capacity to own or lease its their assets, including the Purchased Assets, and to carry on the Business as now being conducted by it.

Appears in 1 contract

Sources: Asset Purchase Agreement (MTBC, Inc.)