Common use of Authorization and Enforceability Clause in Contracts

Authorization and Enforceability. The execution, delivery and performance of this Agreement by the Company have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Authorization and Enforceability. The execution, delivery This Agreement and performance each of this Agreement by the Company Transaction Documents (i) have been duly authorized by all necessary corporate action executed and delivered on the part behalf of the Company, Company and this Agreement constitutes the (ii) constitute a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its their terms.

Authorization and Enforceability. The executionCompany has full legal power, delivery right and performance of authority to enter into this Agreement by and to issue the Shares. This Agreement has been duly authorized, executed and delivered on behalf of the Company have been duly authorized by all necessary corporate action on and is the part of the Company, and this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms. The Shares when delivered pursuant to the terms of this Agreement will be validly issued, fully paid and nonassessable.

Authorization and Enforceability. The execution, delivery and -------------------------------- performance of this Agreement by the Company have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Authorization and Enforceability. The execution, delivery and performance of this Agreement by the Company have been duly authorized by all necessary corporate action on the part of the Company, Operator. This Agreement has been duly executed and this Agreement delivered by Operator and constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its termsOperator.

Authorization and Enforceability. The execution, delivery and performance of this Agreement by the Company have been duly authorized by has taken all necessary corporate action on the part of the Companyrequired to execute, deliver and perform this Agreement. This Agreement constitutes the legal, valid valid, and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Authorization and Enforceability. The execution, delivery and performance of this Agreement by the Company have has been duly authorized by all necessary corporate action on the part of the CompanyBorrower, and this Agreement constitutes the legal, a valid and binding obligation of the CompanyBorrower, enforceable against the Company Borrower in accordance with its terms.

Authorization and Enforceability. The execution, execution and delivery and performance of this Agreement by Agreement, and the Company completion of the transactions contemplated hereby, have been duly and validly authorized by all necessary action, corporate action or otherwise, on the part of the Company, Company Shareholders and this Agreement constitutes the a legal, valid and binding obligation of the Company, Company ___ Shareholders and is enforceable against the Company Shareholders in accordance with its terms.;

Authorization and Enforceability. The execution, delivery and performance of this Agreement by the Company have has been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes the legal, a valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Authorization and Enforceability. The execution, delivery This Agreement and performance each of this Agreement by the Company other Transaction Documents (i) have been duly authorized by all necessary corporate action executed and delivered on the part behalf of the Company, Company and this Agreement constitutes the (ii) constitute a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its their terms.

Authorization and Enforceability. The execution, execution and delivery and performance of this Agreement by Agreement, and the Company completion of the transactions contemplated hereby, have been duly and validly authorized by all necessary action, corporate action or otherwise, on the part of the Company, Company Shareholders and this Agreement constitutes the a legal, valid and binding obligation of the Company, Company Shareholders and is enforceable against the Company Shareholders in accordance with its terms.;

Authorization and Enforceability. The execution, delivery This Agreement and performance of this Agreement by the Company Transaction Documents have been duly authorized by all necessary requisite corporate action on the part of the CompanyCompany and have been duly executed and delivered by, and this Agreement constitutes the legalare Enforceable against, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Authorization and Enforceability. (a) The execution, delivery and performance by the Company of this Agreement by and the Company consummation of the Transactions, have been duly and validly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.