Common use of The Vendors Clause in Contracts

The Vendors. (a) In respect of each of the Vendors who are incorporated, they severally warrant that they are a corporation duly organised, validly existing and in good standing under the laws of Victoria and have all requisite corporate powers and authority to execute and deliver this Agreement and to carry out and perform their obligations under the Agreement and the Certificate. Each of the Vendors severally warrants that they have the capacity and financial capability to comply with and perform all of their covenants and obligations under each of the Transactional Agreements to which they are or may become a party.

Appears in 1 contract

Samples: Iaa Share Subscription Agreement (Asia Online LTD)

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The Vendors. (a) In respect of each of the Vendors who are incorporated, they severally warrant that they are a corporation corporations duly organised, validly existing and in good standing under the laws of Victoria New South Wales and have all requisite corporate powers and authority to execute and deliver this Agreement and to carry out and perform their obligations under the Agreement and the Closing Certificate. Each of the Vendors severally warrants that they have the capacity and financial capability to comply with and perform all of their covenants and obligations under each of the Transactional Agreements to which they are or may become a party.

Appears in 1 contract

Samples: Share Sale and Subscription Agreement (Asia Online LTD)

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The Vendors. (a) In respect of each of the Vendors who are incorporated, they severally warrant that they are a corporation duly organised, validly existing and in good standing under the laws of Victoria Queensland and have all requisite corporate powers and authority to execute and deliver this Agreement and to carry out and perform their obligations under the Agreement and the Certificate. Each of the Vendors severally warrants that they have the capacity and financial capability to comply with and perform all of their covenants and obligations under each of the Transactional Agreements to which they are or may become a party.

Appears in 1 contract

Samples: Share Purchase and Subscription Agreement (Asia Online LTD)

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