Common use of Authority to Enter into this Agreement Clause in Contracts

Authority to Enter into this Agreement. (i) Buyer has the authority to enter into this Agreement; (ii) its signatories have been properly authorized to enter into this Agreement (including the execution and delivery of any other agreement (including with respect to any Assignment on the date of that Assignment), document, certificate, or instrument contemplated by this Agreement as to be executed and delivered by Buyer) and to perform all of the covenants and agreements contained herein; (iii) Buyer is not a party to, subject to, or bound by any agreement or instrument or any statute, regulation, judgment, or decree of any court or governmental body which could at the date of the Closing prevent the performance of any of Buyer's obligations under this Agreement or adversely affect Seller's interest obtained in the common stock of Buyer.

Appears in 3 contracts

Samples: Purchase, Sale and Capital Contribution Agreement (Viking Energy Group, Inc.), Purchase, Sale and Capital Contribution Agreement (Viking Energy Group, Inc.), Purchase, Sale and Capital Contribution Agreement (Viking Energy Group, Inc.)

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Authority to Enter into this Agreement. (i) Buyer has the authority to enter into this Agreement; (ii) its signatories have been properly authorized to enter into this Agreement (including the execution and delivery of any other agreement (including with respect to any Assignment JOA or Assignment, on the date of that JOA or Assignment), document, certificate, or instrument contemplated by this Agreement as to be executed and delivered by Buyer) and to perform all of the covenants and agreements contained herein; (iii) Buyer is not a party to, subject to, or bound by any agreement or instrument or any statute, regulation, judgment, or decree of any court or governmental body which could at the date of the Closing prevent the performance of any of Buyer's obligations under this Agreement or adversely affect Seller's Sellers' interest obtained in the common stock of Buyer.

Appears in 2 contracts

Samples: Purchase, Sale And (Viking Investments Group, Inc.), Purchase, Sale and Capital Contribution Agreement (Viking Energy Group, Inc.)

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