Common use of Authorization, Etc TC Clause in Contracts

Authorization, Etc TC. “Section 5.2. Authorization, Etc” \f C \l “2” . Each Note Document has been duly authorized by all necessary corporate or other action on the part of each Note Party thereto, and each Note Document constitutes, and upon execution and delivery thereof each Note (in the case of the Company) will constitute, a legal, valid and binding obligation of each Note Party thereto enforceable against such Note Party in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

Authorization, Etc TC. “Section 5.2. Authorization, Etc” " \f C \l “"2” " . Each Note Document has been duly authorized by all necessary corporate corporate, limited liability company or other limited partnership, as applicable, action on the part of each Note Party party thereto, and each Note Document (other than the Notes) constitutes, and upon execution and delivery thereof each Note (in the case of the Company) will constitute, a legal, valid and binding obligation of each Note Party party thereto enforceable against each such Note Party in accordance with its terms, except as such enforceability may be limited by (ia) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (iib) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).