Common use of Corporate Power and Authority; Enforceability Clause in Contracts

Corporate Power and Authority; Enforceability. The execution, -------------------------------------------- delivery and performance of this Guaranty and the other Loan Documents (as defined in the Credit Agreement) and the Senior Note Documents to which Guarantor is a party are within the Guarantor's corporate powers and have been duly authorized by all necessary corporate action. Each such Loan Document and Senior Note Document to which Guarantor is a party has been duly executed and delivered by Guarantor and each such Loan Document and Senior Note Document constitutes the legal, valid and binding obligation of the Guarantor, enforceable against the Guarantor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws of general application relating to or affecting the enforcement of the rights of creditors or by equitable principles, regardless of whether such enforcement is sought in equity or at law.

Corporate Power and Authority; Enforceability. The -------------------------------------------- execution, -------------------------------------------- delivery and performance of this Guaranty and the other Loan Documents (as defined in the Credit Agreement) and the Senior Note Documents to which Guarantor is a party are within the Guarantor's corporate powers and have been duly authorized by all necessary corporate action. Each such Loan Document and Senior Note Document to which Guarantor is a party has been duly executed and delivered by Guarantor and each such Loan Document and Senior Note Document constitutes the legal, valid and binding obligation of the Guarantor, enforceable against the Guarantor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws of general application relating to or affecting the enforcement of the rights of creditors or by equitable principles, regardless of whether such enforcement is sought in equity or at law.