Authority; Binding. Effect Licensor has taken all action necessary or required, either by law or by its organizational documents or otherwise, to authorize the execution and the delivery of this Agreement and the performance of the transaction contemplated hereby. The execution, delivery and performance of this Agreement constitutes the valid and binding agreement of Licensor enforceable in accordance with its terms.
Appears in 2 contracts
Sources: Part Time Space Occupancy License Agreement, Part Time Space Occupancy License Agreement