Common use of Execution and Validity Clause in Contracts

Execution and Validity. The PURCHASER his the full corporate power and authority to enter into this AGREEMENT and to perform its obligations hereunder. The execution and delivery of this AGREEMENT and the performance of the transactions contemplated hereby have been duly authorized by all required corporate action on behalf of the PURCHASER. This AGREEMENT has been duly and validly executed and delivered by the PURCHASER and, assuming due authorization, execution and delivery by the SELLERS, constitutes a legal, valid and binding obligation of the PURCHASER, enforceable against it in accordance with its terms.

Execution and Validity. The PURCHASER his Purchaser has the full corporate power and authority to enter into this AGREEMENT Agreement and to perform its obligations hereunder. The execution and delivery of this AGREEMENT Agreement by the Purchaser and the performance consummation of the transactions contemplated hereby have been duly authorized by all required corporate action on behalf of the PURCHASERPurchaser. This AGREEMENT Agreement has been duly and validly executed and delivered by the PURCHASER and, Purchaser and assuming due authorization, execution and delivery by the SELLERSStockholder, constitutes a legal, valid and binding obligation of the PURCHASERPurchaser, enforceable against it in accordance with its terms.