Common use of Authorization and Binding Effect of Documents Clause in Contracts

Authorization and Binding Effect of Documents. The execution and delivery of this Agreement has been duly authorized by Buyer, and this Agreement constitutes the valid and binding obligation and agreement of Buyer, enforceable in accordance with its terms (subject to the effect of bankruptcy, insolvency fraudulent conveyance, reorganization, moratorium and similar laws affecting creditor’s rights and remedies generally, and to limitations imposed by general principles of equity, whether applied by a court of law or of equity).

Authorization and Binding Effect of Documents. The execution and delivery of this Agreement has and the other Documents have been duly authorized by Buyer, and this Agreement constitutes and the other Documents constitute the valid and binding obligation and agreement of Buyer, enforceable in accordance with its terms (subject to the effect of bankruptcy, insolvency fraudulent conveyance, reorganization, moratorium and similar laws affecting creditor’s rights and remedies generally, and to limitations imposed by general principles of equity, whether applied by a court of law or of equity)terms.

Authorization and Binding Effect of Documents. The execution Buyer has the full right, power and delivery of authority to enter into this Agreement and to perform its obligations hereunder. This Agreement has been duly authorized authorized, executed and delivered by BuyerBuyer and, subject to the due authorization, execution and this Agreement delivery by Seller, constitutes the a legal, valid and binding obligation and agreement of Buyer, enforceable in accordance with its terms (subject except to the effect of extent that such enforcement may be limited by bankruptcy, insolvency fraudulent conveyanceinsolvency, reorganization, moratorium and or other similar laws affecting creditor’s the enforcement or creditors rights generally and remedies generally, and to limitations imposed by general principles of equity, equity (whether applied by in a court of proceeding at law or of in equity).