Common use of PNC Clause in Contracts

PNC. Each Person comprising PNC represents and warrants that such Person has all requisite power and authority to execute, deliver and perform this Agreement and to consummate the transactions contemplated hereby. The execution, delivery, and performance of this Agreement and the consummation by such Person of the actions contemplated hereby will be, upon delivery, duly and validly executed and delivered by such Person and will constitute its legal, valid, and binding obligation.

Appears in 2 contracts

Sources: Master Settlement Agreement, Master Settlement Agreement