Authorizations and Validity. The Creditor Institution is authorized, in the terms of its By-Laws and applicable legislation, to comply with the obligations contained herein that constitute valid and binding obligations on the Creditor Institution and that are liable and enforceable in accordance with their terms.
Appears in 2 contracts
Sources: Common Terms Agreement (Net Servicos De Comunicacao S A), Common Terms Agreement (Brazilian Communitary Antennae LTD)