Common use of Seller’s Authority Clause in Contracts

Seller’s Authority. Each of Sellers has full power and capacity to enter into this Agreement and the Other Agreements. This Agreement and the Other Agreements have been duly executed and delivered by Sellers and this Agreement and the Other Agreement are the valid and binding obligation of Sellers, enforceable in accordance with their terms, except that enforceability may be subject to (i) bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Research Engineers Inc), Stock Purchase Agreement (Research Engineers Inc), Stock Purchase Agreement (Research Engineers Inc)

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Seller’s Authority. Each of Sellers The Seller has full power power, right and capacity authority to enter into enter, execute and perform this Agreement in accordance with the terms hereof, and this Agreement and the Other Agreements. This Agreement and the Other Agreements have been duly any other documents to be executed and delivered by Sellers the Seller hereunder is, and this Agreement upon the execution and delivery thereof will be, the Other Agreement are the legal, valid and binding obligation obligations of Sellersthe Seller, enforceable against it in accordance with their terms, terms except that enforceability as the same may be subject limited by applicable laws relating to (i) bankruptcy, insolvency, reorganization insolvency or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principlesgenerally.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cerro Trading Co Inc)

Seller’s Authority. Each of Sellers has full power and capacity to enter into this Agreement and the Other AgreementsAgreement. This Agreement and the Other Agreements have has been duly executed and delivered by Sellers and this Agreement and the Other Agreement are is the valid and binding obligation of Sellers, enforceable in accordance with their its terms, except that enforceability may be subject to (i) bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles.

Appears in 1 contract

Samples: Stock Purchase Agreement (Netguru Inc)

Seller’s Authority. Each of Sellers Seller has full power and capacity to enter into this Agreement and the Other AgreementsAgreement. This Agreement and the Other Agreements have has been duly executed and delivered by Sellers Seller and this Agreement and the Other Agreement are is the valid and binding obligation of SellersSeller, enforceable in accordance with their its terms, except that enforceability may be subject to (i) bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles.. 1.1.1

Appears in 1 contract

Samples: Stock Purchase Agreement (Netguru Inc)

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Seller’s Authority. Each of Sellers has have full power and capacity to enter into this Agreement and the Other AgreementsAgreement. This Agreement and the Other Agreements have has been duly executed and delivered by Sellers and this Agreement and the Other Agreement are is the valid and binding obligation of Sellers, enforceable in accordance with their its terms, except that enforceability may be subject to (i) bankruptcy, insolvency, reorganization or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Research Engineers Inc)

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