Common use of Authority of Seller Clause in Contracts

Authority of Seller. This Agreement has been duly authorized and executed by the Seller and constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Ems Find, Inc.), Stock Purchase Agreement (Hybrid Technologies Inc.), Stock Purchase Agreement (Zingo, Inc)

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Authority of Seller. The execution, delivery and performance of this Agreement by Seller and the consummation by Seller of the transactions contemplated hereby are within the organizational powers of Seller and have been duly authorized by all necessary corporate (or other organizational) action on the part of Seller. This Agreement has been duly authorized executed and executed delivered by Xxxxxx and, assuming due authorization, execution and delivery by Xxxxx and the Seller and Company, constitutes the a legal, valid and binding obligation agreement of the Seller, enforceable against the Seller in accordance with its termsterms (subject to the Remedies Exception).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Corebridge Financial, Inc.), Stock Purchase Agreement (American International Group, Inc.)

Authority of Seller. The Seller has the requisite corporate power and authority to execute, deliver and perform this Agreement. This Agreement has been duly authorized authorized, executed and executed delivered by the Seller and constitutes is the legal, valid and binding obligation of the Seller, Seller enforceable against the Seller in accordance with its terms.

Appears in 2 contracts

Samples: Stock Repurchase Agreement (Brightpoint Inc), Stock Repurchase Agreement (Tessco Technologies Inc)

Authority of Seller. This The execution, delivery, and consummation of this Agreement by Seller has been duly authorized and executed by the Seller and constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller approved in accordance with its termsapplicable law and any documents or instruments governing Seller. The execution, delivery, and consummation of this Agreement by Seller will not, with the passage of time, the giving of notice, or otherwise, cause Seller to be in violation or breach of any law, regulation, contract, agreement, or other restriction to or by which Seller or the Real Property is subject or bound.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Silver Falcon Mining, Inc.)

Authority of Seller. This The execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate action on the part of the Seller, this Agreement has been duly authorized and executed by the Seller a duly authorized officer of Seller, and this Agreement constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms.

Appears in 1 contract

Samples: Memorandum of Agreement (Milestone Scientific Inc.)

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Authority of Seller. Seller has the authority to execute and deliver this Agreement and to perform his obligations under this Agreement. This Agreement has been duly authorized and executed by the Seller and constitutes the legal, is a valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms.

Appears in 1 contract

Samples: Stock Purchase Agreement (Western Country Clubs Inc)

Authority of Seller. Seller has full power and authority to enter into this Agreement and to carry out its obligations hereunder. This Agreement has been duly authorized executed and executed delivered by the Seller Seller, and (assuming due authorization, execution, and delivery by Purchaser) this Agreement constitutes the a legal, valid and binding obligation of the Seller, Seller enforceable against the Seller in accordance with its terms.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Terra Tech Corp.)

Authority of Seller. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary actions of Seller (none of which actions have been modified or rescinded and all of which actions are in full force and effect). This Agreement has been duly authorized and executed by the Seller and constitutes the legal, a valid and binding agreement and obligation of the Seller, enforceable against the Seller in accordance with its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (United Television Inc)

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