Common use of Corporation Authorization Clause in Contracts

Corporation Authorization. The execution, delivery and performance by Parent and Merger Subsidiary of this Agreement and the consummation by Parent and Merger Subsidiary of the transactions contemplated hereby are within the limited liability company powers of Parent and the corporate powers of Merger Subsidiary and have been duly authorized by all necessary limited liability company or corporate action. This Agreement constitutes a valid and binding agreement of Parent and Merger Subsidiary, enforceable against Parent and Merger Subsidiary in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, moratorium or similar law affecting creditors’ rights generally and to rules of law governing specific performance, injunctive relief and other equitable remedies.

Corporation Authorization. The execution, delivery and performance by Parent and Merger Subsidiary Purchaser of this Agreement and the consummation by Parent and Merger Subsidiary Purchaser of the transactions contemplated hereby are within the limited liability company powers of Parent and the corporate powers of Merger Subsidiary Purchaser and have been duly authorized by all necessary limited liability company or corporate action, respectively. This Agreement constitutes a valid and binding agreement of Parent and Merger SubsidiaryPurchaser, enforceable against Parent and Merger Subsidiary Purchaser in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, moratorium or similar law affecting creditors’ rights generally and to rules of law governing specific performance, injunctive relief and other equitable remedies.

Corporation Authorization. The execution, delivery and performance by Parent and Merger Subsidiary Acquisition Sub of this Agreement and the consummation by Parent and Merger Subsidiary Acquisition Sub of the transactions contemplated hereby are within the limited liability company powers of Parent and the corporate powers of Merger Subsidiary Acquisition Sub and have been duly authorized by all necessary limited liability company or corporate action, respectively. This Agreement constitutes a valid and binding agreement of Parent and Merger SubsidiaryAcquisition Sub, enforceable against Parent and Merger Subsidiary Acquisition Sub in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, moratorium or similar law affecting creditors’ rights generally and to rules of law governing specific performance, injunctive relief and other equitable remedies.

Corporation Authorization. The execution, delivery and performance by Parent and Merger Subsidiary Purchaser of this Agreement and the consummation by Parent and Merger Subsidiary Purchaser of the transactions contemplated hereby are within the limited liability company powers of Parent and the corporate powers of Merger Subsidiary Purchaser and have been duly authorized by all necessary limited liability company or corporate action, respectively. This Agreement constitutes a legal, valid and binding agreement of Parent and Merger SubsidiaryPurchaser, enforceable against Parent and Merger Subsidiary Purchaser in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, moratorium or similar law affecting creditors’ rights generally and to rules of law governing specific performance, injunctive relief and other equitable remedies.