Common use of Authorization; Execution and Delivery; Enforceability Clause in Contracts

Authorization; Execution and Delivery; Enforceability. The execution, delivery and performance by Buyer of this Agreement, and of all of the documents and instruments required hereby from Buyer, are within the corporate power of Buyer and have been duly authorized by all necessary corporate action of Buyer. This Agreement has been duly executed and delivered by Buyer. This Agreement is, and the other documents and instruments required hereby to which Buyer is a party will be, when executed and delivered by the parties thereto, the valid and binding obligations of Buyer, enforceable against Buyer in accordance with their respective terms (except to the extent that enforcement may be affected by applicable bankruptcy, reorganization, insolvency or other similar Laws affecting creditors' rights and remedies generally and by general principles of equity (regardless of whether enforcement is sought at Law or in equity)).