Common use of Authority and Approval of Agreement; Binding Effect Clause in Contracts

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties of this Agreement and the Transaction Documents, and the performance by each Credit Party of all of its Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each Credit Party and its board of directors, stockholders, members, managers, partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit Party, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of Obligations hereunder and thereunder, or to issue the Securities. This Agreement and each of the Transaction Documents have been duly and validly executed by Credit Parties (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each Credit Party in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties of this Agreement and the Transaction Documents, and the performance by each Credit Party Parties of all of its Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each the Credit Party Parties and its board of managers, directors, stockholders, members, managersas applicable, partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit PartyParties, its board of managers, members, directors, managersstockholders, stockholders members, partners or any other Person is necessary or required by the Credit Parties to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of Credit Parties’ Obligations hereunder and thereunder, or to issue the Securities. This Agreement and each of the Transaction Documents have been duly and validly executed by Credit Parties (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each Credit Party Parties in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties the Company of this Agreement and the Transaction Documents, and the performance by each Credit Party the Company of all of its Obligations hereunder and thereunder, including the issuance of the SecuritiesShares, have been duly and validly authorized and approved by each Credit Party the Company and its board of directors, stockholders, members, managers, partners directors pursuant to all applicable Laws and, except for the Stockholder Approval and Stockholder Notification contemplated in Section 7.7 of this Agreement, no other corporate action or Consent on the part of any Credit Partythe Company, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties Company to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of Company’s Obligations hereunder and thereunder, or to issue the SecuritiesShares. This Agreement and each of the Transaction Documents have been duly and validly executed by Credit Parties the Company (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Partythe Company) and constitute the valid and legally binding agreements of the Credit PartiesCompany, enforceable against each Credit Party the Company in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties of this Agreement and the Transaction Documents, and the performance by each Credit Party of all of its Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each Credit Party and and, as applicable, its board of directors, stockholders, members, managers, managers or partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit Party, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the any Credit Parties to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of Obligations hereunder and thereunder, or to issue the Securities. This Agreement and each of the Transaction Documents have been duly and validly executed by the applicable Credit Parties party thereto (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each Credit Party in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties of this Agreement Agreement, and the Transaction Documentsall other documents executed and delivered in connection herewith, and the performance by each Credit Party Parties of all of its their Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each the Credit Party Parties and its their respective board of directors, stockholdersas applicable, members, managers, partners pursuant to all applicable Laws laws, and no other corporate action or Consent consent on the part of any the Credit PartyParties, its their board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties to execute this Agreement Agreement, and the Transaction Documentsdocuments executed and delivered in connection herewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit Parties’ Obligations hereunder and thereunder, or to issue the Securities. This Agreement Agreement, and each of the Transaction Documents documents executed and delivered in connection herewith, have been duly and validly executed by the Credit Parties (and the officer executing this Agreement and all such other Transaction Documents documents for each Credit Party is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each the Credit Party Parties in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties of this Agreement Amendment, and the Transaction Documentsall other documents executed and delivered in connection herewith, and the performance by each Credit Party Parties of all of its their Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each the Credit Party Parties and its board their respective boards of directors, stockholdersmanagers, members, or other approval and authorization requirements of the governing documents of each of the Credit Parties, pursuant to all applicable laws, and no other corporate or company action or consent on the part of the Credit Parties, their boards of directors, members, managers, partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit Party, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties to execute this Agreement Amendment, and the Transaction Documentsdocuments executed and delivered in connection herewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit Parties’ Obligations hereunder and thereunder, or to issue the Securities. This Agreement Amendment, and each of the Transaction Documents documents executed and delivered in connection herewith, have been duly and validly executed by the Credit Parties (and the officer officer, member, or manager executing this Agreement Amendment and all such other Transaction Documents documents for each Borrower is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each the Credit Party Parties in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties of this Agreement and the Transaction Documents, and the performance by each Credit Party of all of its Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each Credit Party and its board of directors, stockholders, members, managers, partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit Party, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of its Obligations hereunder and thereunder, or to issue the Securities. This Agreement and each of the Transaction Documents have been duly and validly executed by Credit Parties (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against each Credit Party in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties of this Agreement and the Transaction Documents, and the performance by each Credit Party of all of its Obligations hereunder and thereunder, including the issuance of the Securities, have been duly and validly authorized and approved by each Credit Party and and, as applicable, its board of directors, stockholders, members, managers, managers or partners pursuant to all applicable Laws and no other action or Consent on the part of any Credit Party, its board of directors, managers, stockholders members, partners or any other Person is necessary or required by the any Credit Parties to execute this Agreement and the Transaction Documents, consummate the transactions contemplated herein and therein, perform all of Obligations hereunder and thereunder, or to issue the Securities. This Agreement and each of the Transaction Documents have has been duly and validly executed by the applicable Credit Parties party thereto (and the officer executing this Agreement and all such other Transaction Documents is duly authorized to act and execute same on behalf of each Credit Party) and constitute the constitutes a valid and legally binding agreements agreement of the Credit Parties, enforceable against each Credit Party in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by Credit Parties the Borrowers of this Agreement Amendment, and the Transaction Documentsall other documents executed and delivered in connection herewith, and the performance by each Credit Party Borrowers of all of its their Obligations hereunder and thereunder, including the issuance of the Securitieshereunder, have been duly and validly authorized and approved by each Credit Party the Borrowers and its their respective board of directors, stockholders, members, managers, partners directors pursuant to all applicable Laws and no other corporate action or Consent on the part of any Credit Partythe Borrowers, its their board of directors, managers, stockholders members, partners or any other Person is necessary or required by the Credit Parties Borrowers to execute this Agreement Amendment and the Transaction Documentsdocuments executed and delivered in connection herewith, to consummate the transactions contemplated herein and thereinherein, or perform all of the Borrowers’ Obligations hereunder and thereunder, or to issue the Securitieshereunder. This Agreement Amendment and each of the Transaction Documents documents executed and delivered in connection herewith have been duly and validly executed by Credit Parties the Borrowers (and the officer executing this Agreement Amendment and all such other Transaction Documents documents for each Borrower is duly authorized to act and execute same on behalf of each Credit PartyBorrower) and constitute the valid and legally binding agreements of the Credit PartiesBorrowers, enforceable against each Credit Party the Borrowers in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.