Common use of No Inability to Perform; Valid Execution Clause in Contracts

No Inability to Perform; Valid Execution. Owner warrants and represents that it has no knowledge of any inability to perform its obligations under this Agreement. The execution and delivery of this Agreement and the agreements contemplated hereby by Owner have been duly and validly authorized by all necessary action. This Agreement will be a legal, valid and binding obligation of Owner, enforceable against Owner in accordance with its terms.

No Inability to Perform; Valid Execution. Property Owner warrants and represents that it has no knowledge of any inability to perform its obligations under this Agreement. The execution and delivery of this Agreement and the agreements contemplated hereby by Property Owner have been duly and validly authorized by all necessary action. This Agreement will be a legal, valid and binding obligation of Property Owner, enforceable against Property Owner in accordance with its terms.