Common use of Authority of Seller Clause in Contracts

Authority of Seller. Seller has the legal competence, full power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. The Seller has duly executed and delivered this Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligation, enforceable against Seller in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Paradigm Holdings, Inc)

AutoNDA by SimpleDocs

Authority of Seller. Seller has is an individual with the legal competencecapacity to execute, full power deliver and authority to enter into perform his obligations under this Agreement. This Agreement and to consummate the transactions contemplated hereby. The Seller has been duly executed and delivered this Agreement by Seller and, assuming due authorization, execution and the Agreement and consummation of the transactions contemplated hereby delivery by Xxxxx, constitutes Seller’s a legal, valid and binding obligationagreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the terms of this Agreement“Bankruptcy and Equity Exception”)).

Appears in 1 contract

Samples: Stock Purchase Agreement (Endeavor Group Holdings, Inc.)

Authority of Seller. Seller is an individual and has the legal competence, full all requisite power and authority to enter into this Agreement and to consummate carry out the transactions contemplated hereby. The execution, delivery and performance of this Agreement by Seller has been duly authorized, duly and validly executed and delivered this Agreement by Seller and constitutes the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligationobligation of Seller, enforceable against Seller in accordance with the terms its terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights and general principles of this Agreementequity.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chateau Communities Inc)

Authority of Seller. Seller has the right, power, legal competence, full power capacity and authority to own its properties and assets, to carry on its business as presently conducted, and to enter into and perform its obligations under this Agreement. Except as set forth in Schedule 2.2 attached hereto, no approvals or consents of any person, including without limitation, any party to loans, contracts, leases, or other agreements, or any federal, state or local authority or administrative agency are necessary to authorize the execution of this Agreement and to consummate by Seller or the consummation by Seller of the transactions contemplated hereby. The Seller has duly executed and delivered this Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligation, enforceable against Seller in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Assets (National Technical Systems Inc /Ca/)

Authority of Seller. Seller has the legal competence, full power capacity and authority to enter into execute and deliver this Agreement Agreement, to perform its obligations hereunder and to consummate the transactions contemplated herebyprovided for herein. The Seller This Agreement has been duly executed and delivered this Agreement by Seller and constitutes the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligationagreement of Seller, enforceable against Seller it in accordance with its terms, subject to applicable bankruptcy, insolvency and other similar laws affecting the terms enforceability of this Agreementcreditors' rights generally, general equitable principles and the discretion of courts in granting equitable remedies.

Appears in 1 contract

Samples: Stock Purchase and Option Agreement (Entreport Inc)

Authority of Seller. The Seller has the full legal competenceright, full power power, capacity and authority to enter into this Agreement and to consummate the transactions contemplated herebycarry out his obligations hereunder. The Seller This Agreement has been duly executed and delivered by the Seller, and this Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s a legal, valid and binding obligation, obligation of the Seller enforceable against Seller him in accordance with the terms of this Agreementits terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Video Display Technology Corp)

Authority of Seller. Seller has the full legal competencecapacity, full power and authority to enter into execute and deliver this Agreement and to consummate the transactions contemplated herebyperform his obligations hereunder. The Seller has duly executed and delivered this This Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, is a valid and binding obligationobligation of Seller, enforceable against Seller in accordance with its terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating to, or affecting generally, the terms enforcement of this Agreementapplicable creditors’ rights and remedies.

Appears in 1 contract

Samples: Share Purchase Agreement (Hebron Technology Co., LTD)

Authority of Seller. Seller has the legal competence, full power and authority to enter into this Agreement and agreements, instruments, and documents required to be delivered in connection with this Agreement or at the Closing (collectively, the “Transaction Documents”) to which Seller is a party, to carry out his obligations hereunder and thereunder, and to consummate the transactions contemplated herebyhereby and thereby. The Seller has duly executed and delivered this This Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s each Transaction Document to which Seller is a party constitute legal, valid valid, and binding obligation, obligations of Seller enforceable against Seller in accordance with the terms of this Agreementtheir respective terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Fuling Global Inc.)

AutoNDA by SimpleDocs

Authority of Seller. The Seller has the legal competence, full requisite limited partnership power and authority to enter into execute, deliver and perform this Agreement. This Agreement and to consummate the transactions contemplated hereby. The Seller has been duly authorized, executed and delivered this Agreement by Seller and is the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligation, obligation of the Seller enforceable against Seller in accordance with the terms of this Agreementits terms.

Appears in 1 contract

Samples: Stock Repurchase Agreement (Tessco Technologies Inc)

Authority of Seller. The person executing this Agreement on behalf of Seller has the legal competencelawful right, full power power, authority and authority capacity to enter into this Agreement bind Seller to the terms hereof and to consummate the transactions contemplated hereby. The Seller has duly executed by this Agreement, pursuant to the terms, provisions and delivered this Agreement and the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligation, enforceable against Seller in accordance with the terms conditions of this Agreement.

Appears in 1 contract

Samples: Agreement for the Purchase And

Authority of Seller. Seller has is an individual with the legal competencecapacity to execute, full power deliver and authority to enter into perform his obligations under this Agreement. This Agreement and to consummate the transactions contemplated hereby. The Seller has been duly executed and delivered this Agreement by Seller and, assuming due authorization, execution and delivery by the Agreement and consummation of the transactions contemplated hereby Company, constitutes Seller’s a legal, valid and binding obligationagreement of Seller, enforceable against Seller in accordance with its terms (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity (the terms of this Agreement“Bankruptcy and Equity Exception”)).

Appears in 1 contract

Samples: Stock Purchase Agreement (TKO Group Holdings, Inc.)

Authority of Seller. Seller has the legal competence, full corporate power and authority to enter into execute, deliver and perform this Agreement. This Agreement and to consummate the transactions contemplated hereby. The Seller has been duly authorized, executed and delivered this Agreement by Seller and is the Agreement and consummation of the transactions contemplated hereby constitutes Seller’s legal, valid and binding obligation, obligation of Seller enforceable against Seller in accordance with the terms of this Agreementits terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sea Pines Associates Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.