Common use of Legal Capacity Clause in Contracts

Legal Capacity. Such Seller has the legal capacity to execute, deliver, carry out and perform its obligations under this Agreement and each other Transaction Document to which it is a party and to consummate the transactions contemplated hereby and thereby.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Teo Foods Inc), Stock Purchase Agreement (Teo Foods Inc), Stock Purchase Agreement (Nascent Wine Company, Inc.)

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Legal Capacity. Such Seller has the full power and legal capacity to execute, deliver, carry out deliver and perform its obligations under this Agreement and each other Transaction Document the Seller Documents to which it he is a party and to consummate the transactions contemplated hereby and thereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Asset Purchase Agreement (Bentley Pharmaceuticals Inc)

Legal Capacity. Such The Seller has the legal capacity and right to execute, deliver, carry out enter into, consummate and perform its obligations under this Agreement and each other Transaction Document to which it is a party and to consummate the transactions contemplated hereby and therebyAgreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (China Precision Steel, Inc.), And Restated Stock Purchase Agreement (China Precision Steel, Inc.), Stock Purchase Agreement (China Precision Steel, Inc.)

Legal Capacity. Such The Seller has the legal capacity to executeexecute and deliver this Agreement, deliver, carry out and to perform its obligations under this Agreement and each other Transaction Document to which it is a party hereunder and to consummate the transactions contemplated hereby and therebyhereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vector Group LTD), Purchase and Sale Agreement (Vector Group LTD)

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Legal Capacity. Such Seller has possesses the legal capacity to execute, deliver, carry out execute and perform its obligations under this Agreement and deliver each other Transaction Document to which it he is a party party, to perform his obligations thereunder, and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Horton D R Inc /De/)

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