POWER TO SELL THE COMPANY Clause Samples
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POWER TO SELL THE COMPANY. 1.1 The Vendor has taken all necessary action and has all requisite power and authority to enter into and perform this agreement and the other documents referred to in it.
1.2 This agreement and the other applicable agreed form documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Vendor in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement and the applicable agreed form documents referred to in it shall not as far as the Vendor is aware (save for any Change of Control clauses) breach or constitute a default under any of the following:
(a) any agreement or instrument to which the Vendor is a party or by which it is bound; or
(b) any order, judgment, decree or other restriction applicable to the Vendor.
POWER TO SELL THE COMPANY. The Seller has all requisite power and authority to enter into and perform this agreement in accordance with its terms and the other documents referred to in it.
POWER TO SELL THE COMPANY. 1.1 The Sellers each have all requisite power and authority to enter into and perform their obligations under this Agreement in accordance with its terms and the other documents referred to in it.
1.2 This Agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers enforceable against the Sellers in the terms of the Agreement and such other documents.
POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform this agreement in accordance with its terms and the other documents referred to in it.
1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
(a) any agreement or instrument to which any of the Sellers is a party or by which any of them is bound; or
(b) any order, judgment, decree or other restriction applicable to any of the Sellers.
POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform this agreement and the other documents referred to in it in accordance with their respective terms.
1.2 This agreement constitutes valid, legal and binding obligations on the Sellers in the terms of this agreement and such other documents.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
1.3.1 any agreement or instrument to which any of the Sellers is a party or by which any of them is bound; or
1.3.2 any order, judgment, decree or other restriction applicable to any of the Sellers.
POWER TO SELL THE COMPANY. 1.1 The Sellers each have all requisite power and authority to enter into and perform this agreement in accordance with its terms and the other documents referred to in it.
1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
1.3.1 any agreement or instrument to which either of the Sellers is a party or by which he/she is bound; or
1.3.2 any order, judgment, decree or other restriction applicable to either of the Sellers.
POWER TO SELL THE COMPANY. 1.1 The Sellers have all requisite power and authority to enter into and perform this agreement in accordance with its terms and the other documents referred to in it.
1.2 This agreement and the other documents referred to in it constitute (or shall constitute when executed) valid, legal and binding obligations on the Seller in the terms of the agreement and such other documents.
1.3 Compliance with the terms of this agreement and the documents referred to in it shall not breach or constitute a default under any of the following:
1.3.1 any agreement or instrument to which the Sellers is a party or by which it is bound; or
1.3.2 any order, judgment, decree or other restriction applicable to the Sellers.
POWER TO SELL THE COMPANY. 2.1 The Seller has all requisite power and authority to enter into, execute, deliver and perform this Agreement, in particular to sell, assign and transfer the Quota to the Buyer, in accordance with its terms and the other documents referred to in it. The Seller and its shareholders and/or corporate boards, as applicable, have taken all necessary actions, steps and proceedings to approve or authorise, validly and effectively, the entering into, and the execution, delivery and performance of, this Agreement and the sale and transfer of the Quota by the Seller to the Buyer contemplated thereby.
2.2 Except for the requirements explicitly foreseen in this Agreement, including the requirements of the Hungarian Companies ▇▇▇ ▇▇▇▇ and the Registry Court, the execution and delivery of this Agreement, as well as performance by Seller of its obligations hereunder, and the consummation by it of the Transaction, do not and will not require by the Laws any consent, approval, authorisation, or other action by filing with, submission, application or notification to, any court authority according to applicable the Laws.
POWER TO SELL THE COMPANY. The Seller is a corporation duly incorporated and registered in the State of Oregon, has obtained all corporate authorisations and has all requisite power and authority to enter into and perform this Agreement in accordance with its terms and the other documents referred to in it
POWER TO SELL THE COMPANY.
1.1 The Sellers have taken all necessary action and have all requisite power and authority to enter into and perform this agreement and each of the other Transaction Documents to which it is a party in accordance with their respective terms. None of the events referred to in paragraph
16.1 to paragraph 16.4 below has occurred in relation to the Seller.
1.2 This agreement and each of the other Transaction Documents constitute (or shall constitute when executed) valid, legal and binding obligations on the Sellers in accordance with their respective terms.
1.3 The execution and delivery by the Sellers of this agreement and each of the other Transaction Documents to which it is a party and compliance with their respective terms shall not breach or constitute a default under any of the following:
1.3.1 any provision of the Seller's constitutional documents (to the extent applicable); or
1.3.2 any provision of the constitutional documents of the Company or any of the Company’s Subsidiaries; or
1.3.3 any agreement or instrument to which the Sellers are a party or by which the Sellers are bound; or
1.3.4 any order, judgment, decree or other restriction applicable to the Seller.