Common use of Individual Sellers Clause in Contracts

Individual Sellers. Each Seller's execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby by each of the Sellers (i) are within the powers and authority of each of the Sellers and (ii) do not (A) require any action by or in respect of, or filing with, any Governmental or Regulatory Authority, (B) except as set forth in the Disclosure Schedule, contravene, violate or constitute, with or without the passage of time or the giving of notice or both, a breach or default under, any Requirement of Law applicable any of them or any of their respective properties or any Contract to which any of them or any of their respective properties is bound or subject or (C) result in the creation of any Adverse Claim on any of the Shares.

Individual Sellers. Each Seller's execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby by each of the Sellers (i) are within the corporate powers and authority of and have been duly authorized by all necessary corporate and shareholder action by each of the Sellers and (ii) do not (A) require any action by or in respect of, or filing with, any Governmental governmental or Regulatory Authorityregulatory authority, (B) except as set forth in the Disclosure Schedule, contravene, violate or constitute, with or without the passage of time or the giving of notice or both, a breach or default under, any Requirement requirement of Law law applicable any of them or any of their respective properties or any Contract contract to which any of them 5 6 or any of their respective properties is bound or subject or (C) result in the creation of any Adverse Claim adverse claim on any of the SharesInterests.