Capacity and Enforceability Clause Samples

Capacity and Enforceability. Seller has the necessary legal right, power and capacity to execute, deliver and perform under this Agreement and the transactions contemplated hereby. This Agreement has been duly executed and delivered by Seller and, assuming due authorization, execution and delivery by Buyer, constitutes Seller’s legal, valid and binding obligation, enforceable against him in accordance with its terms.

Capacity and Enforceability. It has the legal capacity to execute and deliver this Agreement and the documents to be executed and delivered by it at the Closing pursuant to the transactions contemplated hereby. This Agreement and all such documents constitute valid and binding agreements of such party, enforceable in accordance with their terms.

Capacity and Enforceability. Purchaser has the capacity to execute and deliver this Agreement and the documents to be executed and delivered by Purchaser at the Closing pursuant to the purchase and sale transaction contemplated hereby. This Agreement and all such documents constitute valid and binding agreements of Purchaser, enforceable in accordance with their terms. The execution and delivery by Custom Craft of this Agreement and the documents to be executed and delivered at the Closing pursuant to the transaction contemplated hereby, and performance in accordance the terms thereof, have been duly authorized by Custom Craft. This Agreement and all such documents constitute the valid and binding agreements of Custom Craft, enforceable in accordance with their terms.

Capacity and Enforceability. All Borrowers party to the loan agreements and other documents evidencing the Loans have the legal capacity to enter into and execute and deliver them, and all such loan agreements and other documents have been duly and properly executed by such Persons. Each loan agreement is the legal, valid and binding obligation of the related Borrower thereunder, enforceable against each Borrower in accordance with its terms subject to customary equitable exceptions.

Capacity and Enforceability. Borrower has full capacity to execute and deliver this Agreement and each of the other Credit Documents to which it is or will be a party and no further action is necessary on the part of Borrower to make this Agreement and each of the other Credit Documents to which it is or will be a party the legal, valid and binding obligation of Borrower, enforceable against it in accordance with their respective terms;

Capacity and Enforceability. ▇▇▇▇▇ has the legal capacity to execute and deliver this Agreement and the documents to be executed and delivered by ▇▇▇▇▇ at the Closing pursuant to the transactions contemplated hereby. This Agreement and all such documents constitute valid and binding agreements of Buyer, enforceable in accordance with their terms.

Capacity and Enforceability. Purchaser has the capacity to execute and deliver this Agreement and the documents to be executed and delivered by Purchaser at the Closing pursuant to the transactions contemplated hereby. This Agreement and all such documents constitute valid and binding agreements of Purchaser, enforceable in accordance with their terms. The execution and delivery by Mimi & Coco of this Agreement and the documents to be executed and delivered at the Closing pursuant to the transactions contemplated hereby, and performance in accordance the terms hereof and thereof, have been duly authorized by Mimi & Coco. This Agreement and all such documents constitute the valid and binding agreements of Mimi & Coco, enforceable in accordance with their terms.

Capacity and Enforceability. Each Investor represents, warrants and covenants to Norwest that (i) the Investor has full right, power, authority and capacity to enter into this Investment Agreement and to consummate the transactions contemplated hereby, and (ii) upon its execution and delivery, this Investment Agreement shall constitute a valid and binding obligation of the Investor, enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the rights of creditors and contracting parties generally and except as enforceability may be subject to general principles of equity.

Capacity and Enforceability. Each Stockholder represents, warrants and covenants to First Midwest that (i) the Stockholder has full right, power, authority and capacity to enter into this Investment Agreement and to consummate the transactions contemplated hereby, and (ii) upon his or her execution and delivery, this Investment Agreement shall constitute a legally binding and valid obligation of the Stockholder enforceable in accordance with its terms (except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable principles or doctrines).