Common use of Organization and Authority of Buyer; Enforceability Clause in Contracts

Organization and Authority of Buyer; Enforceability. BUYER is a limited liability company duly organized, validly existing, and in good standing under the laws of the state of Wyoming. XXXXX has full power and authority to enter into this Agreement and the documents to be delivered hereunder, to carry out its obligations hereunder, and to consummate the transactions contemplated hereby. The execution, delivery, and performance by BUYER of this Agreement and the Related Documentation to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite company action on the part of BUYER. This Agreement and the Related Documentation to be delivered hereunder have been duly executed and delivered by XXXXX and, assuming due authorization, execution, and delivery by Xxxxxxx, this Agreement and the Related Documentation to be delivered hereunder constitute legal, valid, and binding obligations of BUYER enforceable against BUYER in accordance with their respective terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Solar Integrated Roofing Corp.)

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Organization and Authority of Buyer; Enforceability. BUYER is a limited liability company duly organized, validly existing, and in good standing under the laws of the state of Wyoming. XXXXX has full power and authority to enter into this Agreement and the documents to be delivered hereunder, to carry out its obligations hereunder, and to consummate the transactions contemplated hereby. The execution, delivery, and performance by BUYER of this Agreement and the Related Documentation to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite company action on the part of BUYER. This Agreement and the Related Documentation to be delivered hereunder have been duly executed and delivered by XXXXX and, assuming due authorization, execution, and delivery by XxxxxxxSeller, this Agreement and the Related Documentation to be delivered hereunder constitute legal, valid, and binding obligations of BUYER enforceable against BUYER in accordance with their respective terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Solar Integrated Roofing Corp.)

Organization and Authority of Buyer; Enforceability. BUYER The Buyer is a limited liability company company, duly organized, validly existing, existing and in good standing under the laws of the state of WyomingDelaware. XXXXX The Buyer has full limited liability company power and authority to enter into this Agreement and the documents to be delivered hereunder, to carry out its obligations hereunder, hereunder and to consummate the transactions contemplated hereby. The execution, delivery, delivery and performance by BUYER the Buyer of this Agreement and the Related Documentation documents to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite company action actions on the part of BUYERthe Buyer. This Agreement and the Related Documentation documents to be delivered hereunder have been duly executed and delivered by XXXXX andthe Buyer, and (assuming due authorization, execution, execution and delivery by Xxxxxxx, the Sellers) this Agreement and the Related Documentation documents to be delivered hereunder constitute legal, valid, valid and binding obligations of BUYER the Buyer enforceable against BUYER the Buyer in accordance with their respective terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (CCUR Holdings, Inc.)

Organization and Authority of Buyer; Enforceability. BUYER Buyer is a limited liability company duly organized, validly existing, existing and in good standing under the laws of the state State of WyomingNevada. XXXXX Buyer has full limited liability company power and authority to enter into this Agreement and the documents to be delivered hereunder, to carry out its obligations hereunder, hereunder and to consummate the transactions contemplated hereby. The execution, delivery, delivery and performance by BUYER Buyer of this Agreement and the Related Documentation documents to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite limited liability company action on the part of BUYERBuyer. This Agreement and the Related Documentation documents to be delivered hereunder have been duly executed and delivered by XXXXX andBuyer, and (assuming due authorization, execution, execution and delivery by Xxxxxxx, Seller) this Agreement and the Related Documentation documents to be delivered hereunder constitute legal, valid, valid and binding obligations of BUYER Buyer enforceable against BUYER Buyer in accordance with their respective terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Frelii, Inc.)

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Organization and Authority of Buyer; Enforceability. BUYER Buyer is a limited liability company corporation duly organized, validly existing, existing and in good standing under the laws of the state of WyomingDelaware. XXXXX Xxxxx has full corporate power and authority to enter into this Agreement and the documents Transaction Documents to be delivered hereunder, to carry out its obligations hereunder, hereunder and to consummate the transactions contemplated hereby. The execution, delivery, delivery and performance by BUYER Xxxxx of this Agreement and the Related Documentation Transaction Documents to be delivered hereunder and the consummation of the transactions contemplated hereby have been duly authorized by all requisite company corporate action on the part of BUYERBuyer. This Agreement and the Related Documentation Transaction Documents to be delivered hereunder have been duly executed and delivered by XXXXX andXxxxx, and (assuming due authorization, execution, execution and delivery by Xxxxxxx, Seller) this Agreement and the Related Documentation Transaction Documents to be delivered hereunder constitute legal, valid, valid and binding obligations of BUYER Buyer enforceable against BUYER Buyer in accordance with their respective terms.

Appears in 1 contract

Samples: Asset Purchase Agreement

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