Common use of EXECUTION AND PERFORMANCE AUTHORIZED The Clause in Contracts

EXECUTION AND PERFORMANCE AUTHORIZED The. execution, delivery and performance of this Agreement and all other documents and related agreements contemplated hereunder, have been duly approved by Comercis' board of directors and shareholders; such execution and delivery and the consummation by Comercis of the transactions, covenants and agreements contemplated hereunder have been duly authorized by the taking of all necessary corporate action; and no further action is required to be taken by law and/or pursuant to the certificate of incorporation, by-laws or otherwise of Comercis to authorize the execution, delivery and/or performance of this Agreement, and/or the taking of all action required to be taken by Comercis with respect to this Agreement and the consummation of the transactions and performance of this Agreement and the other agreements contemplated hereunder. The Agreement and the other documents contemplated hereunder, are valid and binding and fully enforceable against Comercis in accordance with their respective terms, subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the rights of creditors generally and the discretion of courts in granting equitable remedies. No consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local, or other governmental authority or any court or other tribunal is required by Comercis for the execution, delivery, or performance of this Agreement and the other agreements referred to herein.

EXECUTION AND PERFORMANCE AUTHORIZED The. execution, delivery and performance of this Agreement and all other documents and related agreements contemplated hereunder, have been duly approved by Comercis' Cross's board of directors and shareholders; such execution and delivery and the consummation by Comercis Cross of the transactions, covenants and agreements contemplated hereunder have been duly authorized by the taking of all necessary corporate action; and no further action is required to be taken by law and/or pursuant to the certificate of incorporation, by-laws or otherwise of Comercis Cross to authorize the execution, delivery and/or performance of this Agreement, and/or the taking of all action required to be taken by Comercis Cross with respect to this Agreement and the consummation of the transactions and performance of this Agreement and the other agreements contemplated hereunder. The Agreement and the other documents contemplated hereunder, are valid and binding and fully enforceable against Comercis Cross in accordance with their respective terms, subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the rights of creditors generally and the discretion of courts in granting equitable remedies. No consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local, or other governmental authority or any court or other tribunal is required by Comercis Cross for the execution, delivery, or performance of this Agreement and the other agreements referred to herein.

EXECUTION AND PERFORMANCE AUTHORIZED The. execution, delivery and performance of this Agreement and all other documents and related agreements contemplated hereunder, have been duly approved by Comercis' IEI's board of directors and shareholders; such execution and delivery and the consummation by Comercis IEI of the transactions, covenants and agreements contemplated hereunder have been duly authorized by the taking of all necessary corporate action; and no further action is required to be taken by law and/or pursuant to the certificate of incorporation, by-laws or otherwise of Comercis IEI to authorize the execution, delivery and/or performance of this Agreement, and/or the taking of all action required to be taken by Comercis IEI with respect to this Agreement and the consummation of the transactions and performance of this Agreement and the other agreements contemplated hereunder. The Agreement and the other documents contemplated hereunder, are valid and binding and fully enforceable against Comercis IEI in accordance with their respective terms, subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the rights of creditors generally and the discretion of courts in granting equitable remedies. No consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local, or other governmental authority or any court or other tribunal is required by Comercis IEI for the execution, delivery, or performance of this Agreement and the other agreements referred to herein.

EXECUTION AND PERFORMANCE AUTHORIZED The. execution, delivery and performance of this Agreement and all other documents and related agreements contemplated hereunder, have been duly approved by Comercis' GIC board of directors and shareholders; such execution and delivery and the consummation by Comercis GIC of the transactions, covenants and agreements contemplated hereunder have been duly authorized by the taking of all necessary corporate action; and no further action is required to be taken by law and/or pursuant to the certificate of incorporation, by-laws or otherwise of Comercis GIC to authorize the execution, delivery and/or performance of this Agreement, and/or the taking of all action required to be taken by Comercis GIC with respect to this Agreement and the consummation of the transactions and performance of this Agreement and the other agreements contemplated hereunder. The Agreement and the other documents contemplated hereunder, are valid and binding and fully enforceable against Comercis GIC in accordance with their respective terms, subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the rights of creditors generally and the discretion of courts in granting equitable remedies. No consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local, or other governmental authority or any court or other tribunal is required by Comercis GIC for the execution, delivery, or performance of this Agreement and the other agreements referred to herein.