Common use of Authorization; Valid Agreement Clause in Contracts

Authorization; Valid Agreement. The Note Holders has full power and authority to enter into this Agreement. All corporate or other actions on the part of the Note Holders, and if applicable, its officers, directors, shareholders and/or partners necessary for the authorization, execution and delivery of this Agreement, and the performance of all obligations of Note Holders hereunder have been taken. This Agreement constitutes the valid and legally binding obligation of the Note Holders and is enforceable against the Note Holders in accordance with the terms hereof, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or any other laws of general application affecting enforcement of creditors rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.

Authorization; Valid Agreement. The Note Holders Holder has full power and authority to enter into this Agreement. All corporate or other actions on the part of the Note HoldersHolder, and if applicable, its officers, directors, shareholders and/or partners necessary for the authorization, execution and delivery of this Agreement, and the performance of all obligations of Note Holders Holder hereunder have been taken. This Agreement constitutes the valid and legally binding obligation of the Note Holders Holder and is enforceable against the Note Holders Holder in accordance with the terms hereof, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or any other laws of general application affecting enforcement of creditors rights generally, and as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.