Common use of Authority to Sell Clause in Contracts

Authority to Sell. The execution and delivery of this Agreement, and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;

Appears in 53 contracts

Samples: Asset Purchase Agreement (Dussault Apparel Inc.), Asset Transfer and Liability Assumption Agreement (Rango Energy, Inc.), Asset Purchase Agreement (Jasper Explorations Inc.)

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Authority to Sell. The execution and delivery of this Agreement, Agreement and the completion of the transaction transactions contemplated by this Agreement has hereby have been duly and validly authorized by all necessary corporate action on the part of the Vendor, Vendor and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;

Appears in 4 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement, Asset Transfer Agreement

Authority to Sell. The execution and delivery of this Agreement, Agreement and the completion of the transaction contemplated by this Agreement hereby has been duly and validly authorized by all necessary shareholder and corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor Vendor, enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;

Appears in 4 contracts

Samples: Agreement (Southern Ventures Inc), Agreement (Southern Ventures Inc), Agreement (Southern Ventures Inc)

Authority to Sell. The execution and delivery of this Agreement, Agreement and the completion of the transaction contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Infotec Business Systems Inc), Asset Purchase Agreement (Armor Enterprises Inc), Asset Purchase Agreement (Oxford Ventures Inc)

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Authority to Sell. The execution and delivery of this Agreement, Agreement and the completion of the transaction contemplated by this Agreement has have been duly and validly authorized by all necessary corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Stockgroup Information Systems Inc), Agreement (Semotus Solutions Inc)

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