Common use of Authorization and Binding Obligations Clause in Contracts

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement have been duly and validly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes a valid and binding agreement of Buyer, enforceable in accordance with its term except as such enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Authorization and Binding Obligations. The execution, delivery and performance by Purchaser of this Agreement have has been duly and validly authorized by all necessary corporate action on action, including any necessary approval of the part entire transaction by the board of Buyerdirectors of Purchaser. This Agreement has been duly executed and delivered by Buyer Purchaser and constitutes a valid and binding agreement of BuyerPurchaser, enforceable against Purchaser in accordance with its term terms except as such its enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Authorization and Binding Obligations. The execution, delivery and performance of this Agreement have has been duly and validly authorized by all necessary corporate action on action, including approval of the part entire transaction by the requisite vote of the board of directors of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes a valid and binding agreement of Buyer, enforceable in accordance with its term terms, except as such its enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.

Authorization and Binding Obligations. 6 7 The execution, delivery and performance by Purchaser of this Agreement have has been duly and validly authorized by all necessary corporate action on limited liability company action, including any necessary approval of the part entire transaction by the managers of BuyerPurchaser. This Agreement has been duly executed and delivered by Buyer Purchaser and constitutes a valid and binding agreement of BuyerPurchaser, enforceable against Purchaser in accordance with its term terms except as such its enforceability may be limited by bankruptcy, insolvency, moratorium or other laws relating to or affecting creditors' rights generally and the exercise of judicial discretion in accordance with general equitable principles.