{"component": "clause", "props": {"groups": [{"size": 31, "samples": [{"hash": "lU12CQEwYzU", "uri": "/contracts/lU12CQEwYzU#authority-and-validity", "label": "Acquisition Agreement (Outback Steakhouse Inc)", "score": 19.0, "published": true}, {"hash": "fbDscOtIh03", "uri": "/contracts/fbDscOtIh03#authority-and-validity", "label": "Acquisition Agreement (Outback Steakhouse Inc)", "score": 19.0, "published": true}, {"hash": "eifl3tv6nEL", "uri": "/contracts/eifl3tv6nEL#authority-and-validity", "label": "Acquisition Agreement (Outback Steakhouse Inc)", "score": 19.0, "published": true}], "snippet": "He has the capacity and authority to execute, deliver and perform this Agreement and all other agreements and documents he is executing or will execute in connection herewith or therewith.", "snippet_links": [{"key": "authority-to-execute", "type": "definition", "offset": [24, 44]}, {"key": "this-agreement", "type": "clause", "offset": [66, 80]}, {"key": "other-agreements-and-documents", "type": "clause", "offset": [89, 119]}, {"key": "in-connection", "type": "definition", "offset": [152, 165]}], "hash": "5f9bcc8cd5b8a2cc720ae24b0dcc568d", "id": 1}, {"size": 30, "samples": [{"hash": "7DwVQT0MWft", "uri": "/contracts/7DwVQT0MWft#authority-and-validity", "label": "Asset Purchase and Sale Agreement (Mediacom Capital Corp)", "score": 18.0, "published": true}, {"hash": "4WW7d1AcWy0", "uri": "/contracts/4WW7d1AcWy0#authority-and-validity", "label": "Asset Purchase and Sale Agreement (Mediacom LLC)", "score": 18.0, "published": true}], "snippet": "27 5.3 No Breach or Violation.................................... 28 5.4 Litigation................................................ 29 5.5", "snippet_links": [{"key": "no-breach-or-violation", "type": "clause", "offset": [7, 29]}], "hash": "3c5dfb3dfc99760e4e2587b0112e865f", "id": 2}, {"size": 29, "samples": [{"hash": "h51htOzFWz5", "uri": "/contracts/h51htOzFWz5#authority-and-validity", "label": "Agreement and Plan of Reorganization (Outback Steakhouse Inc)", "score": 18.0, "published": true}, {"hash": "8CDpLdKMmEk", "uri": "/contracts/8CDpLdKMmEk#authority-and-validity", "label": "Agreement and Plan of Reorganization (Outback Steakhouse Inc)", "score": 16.0, "published": true}, {"hash": "6l6jZ4FvNOD", "uri": "/contracts/6l6jZ4FvNOD#authority-and-validity", "label": "Merger Agreement (Outback Steakhouse Inc)", "score": 16.0, "published": true}], "snippet": "4 2.5 Binding Effect............................................................................4 2.6", "snippet_links": [{"key": "binding-effect", "type": "definition", "offset": [6, 20]}], "hash": "182b3e29130632af86d9fd46b014d7dd", "id": 3}, {"size": 26, "samples": [{"hash": "cBUPJSRGW8S", "uri": "/contracts/cBUPJSRGW8S#authority-and-validity", "label": "Subscription Agreement", "score": 29.3408622742, "published": true}, {"hash": "bynpEnqAEva", "uri": "/contracts/bynpEnqAEva#authority-and-validity", "label": "Promissory Note Conversion Agreement", "score": 29.3408622742, "published": true}, {"hash": "el8QI2O9Iuc", "uri": "/contracts/el8QI2O9Iuc#authority-and-validity", "label": "Subscription Agreement (Genius Brands International, Inc.)", "score": 26.0527038574, "published": true}], "snippet": "The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The execution, delivery and performance by the Company of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary action required on the part of the Company, and no other proceedings on the part of the Company are necessary to authorize this Agreement or for the Company to perform its obligations under this Agreement. This Agreement constitutes the lawful, valid and legally binding obligation of the Company, enforceable in accordance with its terms, except as the same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors\u2019 rights generally and general equitable principles regardless of whether such enforceability is considered in a proceeding at law or in equity.", "snippet_links": [{"key": "the-company-has", "type": "definition", "offset": [0, 15]}, {"key": "power-and-authority-to-execute", "type": "clause", "offset": [40, 70]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [96, 128]}, {"key": "contemplated-hereby", "type": "clause", "offset": [164, 183]}, {"key": "the-execution", "type": "clause", "offset": [185, 198]}, {"key": "performance-by-the-company", "type": "clause", "offset": [213, 239]}, {"key": "consummation-of-the-transactions", "type": "clause", "offset": [266, 298]}, {"key": "authorized-by", "type": "definition", "offset": [346, 359]}, {"key": "action-required", "type": "definition", "offset": [374, 389]}, {"key": "no-other-proceedings", "type": "clause", "offset": [422, 442]}, {"key": "agreement-or", "type": "definition", "offset": [502, 514]}, {"key": "for-the-company", "type": "clause", "offset": [515, 530]}, {"key": "obligation-of-the-company", "type": "clause", "offset": [645, 670]}, {"key": "in-accordance-with", "type": "definition", "offset": [684, 702]}, {"key": "similar-laws", "type": "definition", "offset": [816, 828]}, {"key": "enforcement-of", "type": "clause", "offset": [843, 857]}, {"key": "rights-generally", "type": "clause", "offset": [869, 885]}, {"key": "equitable-principles", "type": "clause", "offset": [898, 918]}], "hash": "a3a17fb81ca3014cfd44936d3dc99243", "id": 4}, {"size": 25, "samples": [{"hash": "jgwP4SjjLpc", "uri": "/contracts/jgwP4SjjLpc#authority-and-validity", "label": "Settlement Agreement (Contura Energy, Inc.)", "score": 29.635181427, "published": true}, {"hash": "et6oil23kxO", "uri": "/contracts/et6oil23kxO#authority-and-validity", "label": "Settlement Agreement (Contura Energy, Inc.)", "score": 29.635181427, "published": true}, {"hash": "7O1IDZ5GgfI", "uri": "/contracts/7O1IDZ5GgfI#authority-and-validity", "label": "Reclamation Funding Agreement (Contura Energy, Inc.)", "score": 29.635181427, "published": true}], "snippet": "Each non-governmental Party otherwise represents, warrants and acknowledges represents, warrants and acknowledges, as of the Effective Date and, in the case of the Debtors, subject to approval by the Bankruptcy Court, that: (a) it has all the requisite authority (i) to execute and deliver this Reclamation Funding Agreement, and the other documents and instruments contemplated hereby, to which it is contemplated to be a party, (ii) to perform its obligations under this Reclamation Funding Agreement and the other documents and instruments contemplated hereby to which it is contemplated to be a party and (iii) to consummate the transactions contemplated herein and therein; (b) the execution, delivery and performance by it of this Reclamation Funding Agreement and the other documents and instruments contemplated hereby to which it is contemplated to be a party and the consummation of the transactions contemplated herein and therein have been duly authorized by all necessary action, and no other action or proceeding is necessary to authorize and approve this Reclamation Funding Agreement or the other documents and instruments contemplated hereby to which it is contemplated to be a party or any of the transactions contemplated herein or therein; (c) this Reclamation Funding Agreement has been duly executed and delivered by it and constitutes a legal, valid and binding agreement by it, enforceable against it in accordance with the terms of this Reclamation Funding Agreement; and (d) the execution, delivery and performance by it (when such performance is due) of this Reclamation Funding Agreement does not and shall not (i) violate any provision of law, rule or regulation applicable to it or (ii) conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any material contractual obligation to which it is a party. 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The execution and delivery by the Company of, the performance by the Company of its obligations under, and the consummation by the Company of the transactions contemplated by, this Agreement have been duly authorized by all requisite action of the Company (subject to the approval of the Company Shareholders as contemplated by Section 6.6). This Agreement has been duly executed and delivered by the Company and (assuming due execution and delivery by the IPC Parties and approval by the Company Shareholders) is the legal, valid, and binding obligation of the Company, enforceable against it in accordance with its terms, except that such enforcement may be subject to (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles. Upon the execution and delivery of the Collateral Documents by each Person (other than the IPC Parties) that is required by this Agreement to execute, or that does execute, this Agreement or any of the Collateral Documents, and assuming due execution and delivery thereof by the IPC Parties, the Collateral Documents will be the legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, except that such enforcement may be subject to (i) bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles.", "snippet_links": [{"key": "the-company-has", "type": "definition", "offset": [0, 15]}, {"key": "execute-and-deliver", "type": "clause", "offset": [49, 68]}, {"key": "transactions-contemplated", "type": "clause", "offset": [126, 151]}, {"key": "approval-of-the-company-shareholders", "type": "clause", "offset": [187, 223]}, {"key": "section-66", "type": "clause", "offset": [243, 254]}, {"key": "receipt-of", "type": "clause", "offset": [262, 272]}, {"key": "other-matters", "type": "clause", "offset": [316, 329]}, {"key": "the-execution", "type": "clause", "offset": [368, 381]}, {"key": "delivery-by-the-company-of", "type": "clause", "offset": [386, 412]}, {"key": "performance-by-the-company", "type": "clause", "offset": [418, 444]}, {"key": "authorized-by", "type": "definition", "offset": [574, 587]}, {"key": "action-of-the-company", "type": "clause", "offset": [602, 623]}, {"key": "executed-and-delivered", "type": "clause", "offset": [739, 761]}, {"key": "due-execution-and-delivery", "type": "clause", "offset": [791, 817]}, {"key": "approval-by-the-company", "type": "clause", "offset": [841, 864]}, {"key": "obligation-of-the-company", "type": "clause", "offset": [912, 937]}, {"key": "in-accordance-with", "type": "definition", "offset": [962, 980]}, {"key": "similar-laws", "type": "definition", "offset": [1103, 1115]}, {"key": "relating-to", "type": "definition", "offset": [1129, 1140]}, {"key": "enforcement-of", "type": "clause", "offset": [1141, 1155]}, {"key": "rights-generally", "type": "clause", "offset": [1167, 1183]}, {"key": "equitable-principles", "type": "clause", "offset": [1201, 1221]}, {"key": "the-collateral-documents", "type": "clause", "offset": [1258, 1282]}, {"key": "each-person", "type": "clause", "offset": [1286, 1297]}, {"key": "agreement-to-execute", "type": "clause", "offset": [1352, 1372]}, {"key": "agreement-or", "type": "definition", "offset": [1401, 1413]}, {"key": "valid-and-binding-obligations-of-the-company", "type": "clause", "offset": [1559, 1603]}, {"key": "company-in", "type": "clause", "offset": [1629, 1639]}], "hash": "2eed4c1aa6f8b871b16f280b7f171c93", "id": 7}, {"size": 23, "samples": [{"hash": "45ZHEpgFnUz", "uri": "/contracts/45ZHEpgFnUz#authority-and-validity", "label": "Asset Purchase Agreement (Jones Cable Income Fund 1-C LTD)", "score": 16.0, "published": true}, {"hash": "2B4eXWHLfPE", "uri": "/contracts/2B4eXWHLfPE#authority-and-validity", "label": "Asset Purchase Agreement (Jones Cable Income Fund 1-B LTD)", "score": 16.0, "published": true}], "snippet": "22 6.3 No Conflicts; Required Consents....................................... 22 6.4", "snippet_links": [{"key": "no-conflicts", "type": "clause", "offset": [7, 19]}, {"key": "required-consents", "type": "clause", "offset": [21, 38]}], "hash": "bfe45fcc284933c82c9ddf9d68dbe6a4", "id": 8}, {"size": 21, "samples": [{"hash": "h51htOzFWz5", "uri": "/contracts/h51htOzFWz5#authority-and-validity", "label": "Agreement and Plan of Reorganization (Outback Steakhouse Inc)", "score": 18.0, "published": true}, {"hash": "gBcqdYhwx4K", "uri": "/contracts/gBcqdYhwx4K#authority-and-validity", "label": "Agreement and Plan of Reorganization (Outback Steakhouse Inc)", "score": 18.0, "published": true}, {"hash": "fN34M9A4w8v", "uri": "/contracts/fN34M9A4w8v#authority-and-validity", "label": "Agreement and Plan of Reorganization (Outback Steakhouse Inc)", "score": 18.0, "published": true}], "snippet": "OSI and Outback each have the corporate power and authority to execute, deliver and perform their respective obligations under this Agreement, the Merger Agreement and the other documents executed or to be executed by OSI and Outback in connection with this Agreement and the execution, delivery and performance by OSI and Outback of this Agreement, the Merger Agreement and the other documents executed or to be executed by OSI and Outback in connection with this Agreement have been duly authorized by all necessary corporate action.", "snippet_links": [{"key": "power-and-authority-to-execute", "type": "clause", "offset": [40, 70]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [109, 141]}, {"key": "the-merger-agreement", "type": "clause", "offset": [143, 163]}, {"key": "other-documents", "type": "definition", "offset": [172, 187]}, {"key": "by-osi", "type": "clause", "offset": [215, 221]}, {"key": "in-connection-with", "type": "clause", "offset": [234, 252]}, {"key": "the-execution", "type": "clause", "offset": [272, 285]}, {"key": "performance-by", "type": "clause", "offset": [300, 314]}, {"key": "authorized-by", "type": "definition", "offset": [490, 503]}, {"key": "necessary-corporate-action", "type": "clause", "offset": [508, 534]}], "hash": "ee967318febbf81047d64d1e3a63b5ed", "id": 9}, {"size": 19, "samples": [{"hash": "keqrnqz6Vlp", "uri": "/contracts/keqrnqz6Vlp#authority-and-validity", "label": "Asset Purchase Agreement (Jones Cable Income Fund 1-B LTD)", "score": 16.0, "published": true}, {"hash": "kc2KuIldieP", "uri": "/contracts/kc2KuIldieP#authority-and-validity", "label": "Asset Purchase Agreement (Jones Cable Income Fund 1-C LTD)", "score": 16.0, "published": true}, {"hash": "fCi2gW5q5Mw", "uri": "/contracts/fCi2gW5q5Mw#authority-and-validity", "label": "Asset Purchase Agreement (Jones Cable Income Fund 1-B LTD)", "score": 16.0, "published": true}], "snippet": "Buyer has all requisite corporate power and ---------------------- authority to execute and deliver, to perform its obligations under, and to consummate the transactions contemplated by, this Agreement and the Transaction Documents to which Buyer is a party. The execution and delivery by Buyer of, the performance by Buyer of its obligations under, and the consummation by Buyer of the transactions contemplated by, this Agreement and the Transaction Documents to which Buyer is a party have been duly and validly authorized by all necessary action by or on behalf of Buyer. This Agreement has been, and when executed and delivered by Buyer the Transaction Documents will be, duly and validly executed and delivered by Buyer and the valid and binding obligations of Buyer, enforceable against Buyer in accordance with their terms, except as the same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect relating to the enforcement of creditors' rights generally or by principles governing the availability of equitable remedies.", "snippet_links": [{"key": "corporate-power", "type": "clause", "offset": [24, 39]}, {"key": "authority-to-execute-and-deliver", "type": "clause", "offset": [67, 99]}, {"key": "transactions-contemplated", "type": "clause", "offset": [157, 182]}, {"key": "this-agreement", "type": "clause", "offset": [187, 201]}, {"key": "the-transaction-documents", "type": "clause", "offset": [206, 231]}, {"key": "a-party", "type": "clause", "offset": [250, 257]}, {"key": "delivery-by-buyer", "type": "clause", "offset": [277, 294]}, {"key": "performance-by-buyer", "type": "clause", "offset": [303, 323]}, {"key": "authorized-by", "type": "definition", "offset": [515, 528]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [550, 568]}, {"key": "executed-and-delivered", "type": "clause", "offset": [610, 632]}, {"key": "validly-executed", "type": "clause", "offset": [686, 702]}, {"key": "buyer-and-the", "type": "clause", "offset": [720, 733]}, {"key": "obligations-of-buyer", "type": "clause", "offset": [752, 772]}, {"key": "in-accordance-with", "type": "definition", "offset": [800, 818]}, {"key": "similar-laws", "type": "definition", "offset": [934, 946]}, {"key": "in-effect", "type": "definition", "offset": [964, 973]}, {"key": "relating-to", "type": "definition", "offset": [974, 985]}, {"key": "enforcement-of", "type": "clause", "offset": [990, 1004]}, {"key": "rights-generally", "type": "clause", "offset": [1016, 1032]}, {"key": "availability-of-equitable-remedies", "type": "clause", "offset": [1064, 1098]}], "hash": "d3b8f2f8fca074c07a102e5bb1b7a9a7", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9hdXRob3JpdHktYW5kLXZhbGlkaXR5IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 542, "parents": [["representations-and-warranties", "Representations and Warranties"], ["representations-and-warranties-of-seller", "REPRESENTATIONS AND WARRANTIES OF SELLER"], ["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["buyers-representations-and-warranties", "BUYER'S REPRESENTATIONS AND WARRANTIES"], ["representations-and-warranties-of-buyer", "REPRESENTATIONS AND WARRANTIES OF BUYER"]], "children": [["", ""], ["events-of-default", "Events of Default"], ["preservation-of-corporate-existence", "Preservation of Corporate Existence"], ["destruction", "Destruction"], ["payment-of-charges", "Payment of Charges"]], "title": "Authority and Validity", "id": "authority-and-validity", "related": [["authority-and-validity-of-obligations", "Authority and Validity of Obligations", "<strong>Authority and Validity</strong> of Obligations"], ["authorization-and-validity", "Authorization and Validity", "Authorization and Validity"], ["authority-validity", "Authority; Validity", "Authority; Validity"], ["authority-and-execution", "Authority and Execution", "Authority and Execution"], ["corporate-authority-and-validity-of-obligations", "Corporate Authority and Validity of Obligations", "Corporate <strong>Authority and Validity</strong> of Obligations"]], "related_snippets": [], "updated": "2026-04-30T06:05:53+00:00", "also_ask": ["What evidence should be required to prove a party\u2019s authority to sign?", "How can the clause be drafted to prevent later challenges to validity?", "What are the most common legal pitfalls or fatal flaws in authority and validity clauses?", "How do courts typically interpret and enforce these clauses in disputes?", "How does this clause compare to standard formulations in similar agreements?"], "drafting_tip": "Specify the parties' authority to enter the agreement to confirm legal capacity; require valid execution formalities to ensure enforceability; clarify consequences of invalidity to prevent disputes.", "explanation": "The 'Authority and Validity' clause establishes that each party entering into the agreement has the legal power and proper authorization to do so, and that the agreement is binding and enforceable against them. In practice, this means that the individuals signing the contract are acting within their official capacity and have obtained any necessary internal approvals, such as board resolutions or management consent. This clause ensures that the contract is legally effective and reduces the risk of future disputes over whether a party was properly authorized to commit to the agreement."}, "json": true, "cursor": ""}}