Common use of Authority to Sell Clause in Contracts

Authority to Sell. Except for any limitations or restrictions imposed by federal and state statutes regulating, restricting or governing the sale of unregistered securities (the "Securities Regulation Statutes"), Seller has full right, power and authority with the terms of this Agreement, and otherwise to consummate and close the transaction provided for in this Agreement in the manner and upon the terms herein specified herein.

Authority to Sell. Except for any limitations or restrictions imposed by federal and state statutes regulating, restricting or governing the sale of unregistered securities (the "Securities Regulation Statutes"), Seller has full the corporate right, power and authority (a) to sell the Subject Property to Purchaser in accordance with the terms of this Agreement, and otherwise conditions hereof; (b) to consummate execute and close the transaction provided for in deliver this Agreement and all other documents to be executed and delivered in 429961.8 connection with the manner transactions contemplated herein, either simultaneously herewith or at Closing; and upon the terms herein specified herein(c) to perform all obligations of Seller that arise under this Agreement or under such other documents.