Execution Of Agreement. The Recipient represents and warrants that it has Clause Samples

The 'Execution Of Agreement' clause establishes that the Recipient formally affirms its authority and capacity to enter into the agreement. In practice, this means the Recipient confirms it has obtained all necessary approvals, consents, or corporate authorizations required to legally bind itself to the contract. This clause ensures that the agreement is valid and enforceable by verifying that the Recipient is properly empowered to execute it, thereby reducing the risk of future disputes over the validity of the contract.