PROPERTY TO BE SOLD; SELLER’S POWER AND AUTHORITY Sample Clauses

PROPERTY TO BE SOLD; SELLER’S POWER AND AUTHORITY. The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as located in the city, village or town of in County, State of New York. Seller represents to Purchaser that: (i) Seller owns the property and has the power and authority to sell it, (ii) Seller is not in bankruptcy, and (iii) Seller has sufficient funds (including proceeds from this sale) to close this transaction and pay Seller’s closing expenses. This property includes all the Seller’s rights and privileges, if any, to all land, water, streets and roads annexed to, and on all sides of the property. Approximate lot size: Purchaser must refer to the deed description to determine the actual lot size. Seller represents that all gas, mineral, oil and timber rights will transfer with the property to the Purchaser except for the following: The section, block and lot (tax map number) of the property is as follows: Section: Block: Lot:
Sample 1Sample 2
AutoNDA by SimpleDocs
PROPERTY TO BE SOLD; SELLER’S POWER AND AUTHORITY. The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is ___________________________________________________________________________________ known as city, village or town of Johnsburg 000 Xxxxxxxxxx Xxxx _________________________________ __________________________ in Xxxxxx located in the County, State of New York. Seller represents to Purchaser that: (i) Seller owns the property and has the power and authority to sell it, (ii) Seller is not in bankruptcy, and (iii) Seller has sufficient funds (including proceeds from this sale) to close this transaction and pay Seller’s closing expenses. This property includes all the Seller’s rights and privileges, if any, to all land, water, streets and roads annexed to, and on all sides of the property. ________________________________________ Approximate lot size: as per deed . Purchaser must refer to the deed description to determine the actual lot size. ____________________________________________________________________________________________ NA Seller represents that all gas, mineral, oil and timber rights will transfer with the property to the Purchaser except for the following: _______ _______ _______ 101
Sample 1

Related to PROPERTY TO BE SOLD; SELLER’S POWER AND AUTHORITY

  • Contractor’s Power and Authority The Contractor warrants that it has the full power and authority to grant the rights herein granted and will hold the County hereunder harmless from and against any loss, cost, liability and expense, including reasonable attorney fees, arising out of any breach of this warranty. Further, the Contractor avers that it will not enter into any arrangement with any third party which might abridge any rights of the County under this Contract.

  • Power and Authority The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

  • Corporate Power and Authority Each Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "AMENDED AGREEMENT").

  • Organization; Power and Authority The Company is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is duly qualified as a foreign corporation and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver this Agreement and the Notes and to perform the provisions hereof and thereof.

  • Organization and Good Standing; Power and Authority Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the Commonwealth of Massachusetts. Subject to the receipt of the Regulatory Approval, Buyer has all requisite power and authority to execute, deliver, and perform its obligations under this Agreement.

  • Corporate Power The Company has all requisite corporate power to execute and deliver this Agreement and to carry out and perform its obligations under the terms of this Agreement.

  • Organization and Authority The Subscriber is a Delaware limited liability company, validly existing and in good standing under the laws of Delaware and possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement. Upon execution and delivery by you, this Agreement is a legal, valid and binding agreement of Subscriber, enforceable against Subscriber in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance or similar laws affecting the enforcement of creditors’ rights generally and subject to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

  • Designation and Authorization 1. Each Party shall have the right to designate as many airlines as it wishes to conduct international air transportation in accordance with this Agreement and to withdraw or alter such designations. Such designations shall be transmitted to the other Party in writing through diplomatic channels, and shall identify whether the airline is authorized to conduct the type of air transportation specified in Annex I or in Annex II or both.

  • Corporate Authority If Tenant is a corporation, each individual executing this Lease on behalf of said corporation represents and warrants that he is duly authorized to execute and deliver this Lease on behalf of said corporation, in accordance with a duly adopted resolution of the board of directors of said corporation or in accordance with the by-laws of said corporation, and that this Lease is binding upon said corporation in accordance with its terms.

  • Authority and Authorization Each of the Consultants has full power and authority to enter into this Plan and carry out the obligations hereunder. Execution of this Plan and performance by the Consultants hereunder constitutes a valid and binding obligation of the Consultants and performance hereunder will not violate any other agreement to which any of the Consultants is a party.

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