Common use of Power and Capacity Clause in Contracts

Power and Capacity. Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each Shareholder’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

Appears in 4 contracts

Sources: Stock Purchase Agreement (Isdera North America, Inc.), Stock Purchase Agreement (Supreme Realty Investments, Inc.), Stock Purchase Agreement (Best Care Inc)

Power and Capacity. Each The Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each the Shareholder’s valid, legal and binding obligation and is enforceable against such the Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

Appears in 4 contracts

Sources: Stock Purchase Agreement (Powergae, Inc.), Stock Purchase Agreement (El Maniel International Inc), Stock Purchase Agreement (Montgomery Real Estate Service, Inc.)

Power and Capacity. Each Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each ShareholderShareholders’s valid, legal and binding obligation and is enforceable against such Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors’ rights;

Appears in 3 contracts

Sources: Stock Purchase Agreement (Sun Oil & Gas, Inc), Stock Purchase Agreement (Sun Oil & Gas, Inc), Stock Purchase Agreement (China Us Bridge Capital Ltd.)

Power and Capacity. Each The Shareholder has the power, authority and capacity to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement constitutes each the Shareholder’s 's valid, legal and binding obligation and is enforceable against such the Shareholder in accordance with its terms, subject, however, as to enforcement, to bankruptcy, insolvency, fraudulent transfer, moratorium and similar laws of general applicability relating to or affecting creditors' rights;; (b)

Appears in 1 contract

Sources: Stock Purchase Agreement (China Digital Ventures Corp)