Power to Contract. Each Vendor and Covenantor (as defined in the Tax Deed) has full power to enter into and perform this Agreement and the Tax Deed respectively and this Agreement constitutes, and the Tax Deed when executed will constitute, binding obligations on each Vendor or Covenantor (as the case may be) in accordance with their terms.
Appears in 3 contracts
Samples: Agreement (Seacor Smit Inc), Agreement (Phone Com Inc), Agreement (Seacor Smit Inc)
Power to Contract. Each Vendor and Covenantor (as defined in the Tax Deed) has full power to enter into and perform this Agreement and the Tax Deed respectively and this Agreement constitutes, and the Tax Deed when executed will constitute, constitute a binding obligations obligation on each Vendor or Covenantor (as the case may be) in accordance with their its terms.
Appears in 1 contract
Samples: Entire Agreement (Phone Com Inc)