Common use of POWER AND AUTHORITY FOR TRANSACTIONS Clause in Contracts

POWER AND AUTHORITY FOR TRANSACTIONS. (a) Seller has corporate power to execute, deliver and perform its obligations under this Agreement and all agreements and other documents executed and delivered by it pursuant to this Agreement, and has taken all action required by law, its Articles of Incorporation, its Bylaws or otherwise, to authorize the execution and delivery of and the performance of this Agreement and such related documents. The execution and delivery of this Agreement, and the agreements related hereto executed and delivered pursuant to this Agreement, do not, and, subject to the receipt of consents to assignments of leases and other contracts where required and the receipt of regulatory approvals where required, the consummation of the transactions contemplated hereby will not, violate any provision of the Articles of Incorporation or Bylaws of Seller or any provisions of, or result in the acceleration of, any obligation under any mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which Seller is a party or by which Seller is bound, or violate any material restrictions of any kind to which Seller is subject which could have a Material Adverse Effect.

POWER AND AUTHORITY FOR TRANSACTIONS. (a) Seller has corporate Sellers and the Corporations have the power to execute, deliver and perform its their obligations under this Agreement and all agreements and other documents executed and delivered by it them pursuant to this Agreement, and has have taken all action required by law, its the Articles of Incorporation, its Incorporation and Bylaws of each Corporation or otherwise, to authorize the execution and delivery of and the performance of this Agreement and such related documents. The execution and delivery of this Agreement, and the agreements related hereto executed and delivered pursuant to this Agreement, do not, and, subject to the receipt of consents to assignments of leases and other contracts where required and the receipt of regulatory approvals where required, the consummation of the transactions contemplated hereby will not, violate any provision of the Articles of Incorporation or Bylaws of Seller any Corporation or any provisions of, or result in the acceleration of, any obligation under any mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which Seller an individual Corporation is a party or by which Seller is bound, or violate any material restrictions of any kind to which Seller is subject which could have a Material Adverse Effect.a