Common use of Existence; Authority Clause in Contracts

Existence; Authority. Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary action.

Appears in 19 contracts

Samples: Conditional Sales Agreement, Conditional Sales Agreement, Conditional Sales Agreement

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Existence; Authority. Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver SellerXxxxxx’s Closing Documents; such documents have been duly authorized by all necessary action.

Appears in 2 contracts

Samples: Real Property Purchase Agreement, Conditional Sales Agreement

Existence; Authority. Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver SellerXxxxxx’s Closing Documents; such documents will have been duly authorized by all necessary actionaction as of the Closing Date.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement

Existence; Authority. Seller is duly organized, qualified and in good standing, and has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary action; and such documents are or will be valid and binding obligations of Seller, enforceable in accordance with their terms.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

Existence; Authority. Seller has the all requisite competence, power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary actionthis Agreement, to perform his obligations hereunder and thereunder and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase Agreement (P&f Industries Inc), Purchase Agreement (P&f Industries Inc)

Existence; Authority. Seller is duly organized, qualified and in good standing, and has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s 's Closing Documents; such documents have been duly authorized by all necessary action; such documents are valid and binding obligations of Seller, and are enforceable in accordance with their terms.

Appears in 2 contracts

Samples: Purchase Agreement (Dotronix Inc), Purchase Agreement (Aei Net Lease Income & Growth Fund Xix Limited Partnership)

Existence; Authority. Seller is duly organized, qualified and in good standing, and has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary action; such documents are valid and binding obligations of Seller, and are enforceable in accordance with their terms.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Air T Inc)

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Existence; Authority. Seller has the all requisite competence, power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary actionthis Agreement, to perform his obligations hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase Agreement (P&f Industries Inc)

Existence; Authority. Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary action.

Appears in 1 contract

Samples: Purchase Agreement

Existence; Authority. Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver SellerXxxxxx’s Closing Documentsdocuments; such documents have been duly authorized by all necessary action.

Appears in 1 contract

Samples: Real Property Purchase Agreement

Existence; Authority. Subject to obtaining the Sale Order, Seller has the requisite power and authority to enter into and perform this Agreement and to execute and deliver Seller’s Closing Documents; such documents have been duly authorized by all necessary action.

Appears in 1 contract

Samples: Asset Purchase Agreement

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