Common use of Execution and Enforceability Clause in Contracts

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 2 contracts

Samples: Dealer Manager Agreement (Paramount Energy Trust), Employment Agreement (Paramount Energy Trust)

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Execution and Enforceability. The Purchaser has taken all necessary corporate actions necessary to authorize the execution execution, delivery and delivery performance of this Agreement, and, as of including the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets transactions contemplated herein in accordance with the provisions of this Agreement. This Agreement has been validly duly executed and delivered by the Purchaser, Purchaser and this Agreement does constitutes, and all other documents executed and delivered on behalf of the Purchaser hereunder shall shall, when executed and delivered, constitute legal, valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;, subject to the qualification that such enforceability may be subject to:

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Purchased Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 2 contracts

Samples: Up Agreement (Paramount Energy Trust), Up Agreement (Paramount Energy Trust)

Execution and Enforceability. The Purchaser has taken all necessary corporate actions necessary to authorize the execution execution, delivery, and delivery performance of this Agreement, and, as of including the Closing Time, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets transactions contemplated herein in accordance with the provisions of this Agreement. This Agreement has been validly duly executed and delivered by the Purchaser, and this Agreement does constitutes, and all other documents executed and delivered on behalf of the Purchaser hereunder shall hereunder, including the Distribution Agreement, shall, when executed and delivered, constitute valid legal, valid, and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;, subject to the qualification that such enforceability may be subject to:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Avvenire Electric Vehicle International Corp.)

Execution and Enforceability. The Purchaser has Purchasers have taken all ail actions necessary to authorize the execution and delivery of this Agreement, and, as of the Closing TimeDate, the Purchaser Purchasers shall have taken all actions necessary to authorize and complete the purchase of the Assets Partnership Interests in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the PurchaserPurchasers, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser Purchasers hereunder shall constitute valid and binding obligations of the Purchaser Purchasers enforceable in accordance with their respective terms and conditions;

Appears in 1 contract

Samples: Partnership Interest Sale Agreement (Canetic Resources Trust)

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Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, Agreement and, as of the Closing TimeDate, the Purchaser then it shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on its behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditionsPurchaser;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Samoyed Energy Corp)

Execution and Enforceability. The Purchaser has taken all actions necessary to authorize the execution and delivery of this Agreement, Agreement and, as of the Closing TimeDate, the Purchaser shall have taken all actions necessary to authorize and complete the purchase of the Assets in accordance with the provisions of this Agreement. This Agreement has been validly executed and delivered by the Purchaser, and this Agreement does and all other documents executed and delivered on behalf of the Purchaser hereunder shall constitute valid and binding obligations of the Purchaser enforceable in accordance with their respective terms and conditions;

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Kodiak Energy, Inc.)

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