Common use of Authority; Binding Effect Clause in Contracts

Authority; Binding Effect. (a) The execution and delivery by Seller of this Agreement and consummation by Seller of the Transactions have been duly and validly authorized by all necessary corporate action on the part of Seller. (b) This Agreement and each agreement, instrument or document being or to be executed and delivered by Seller in connection with the Transactions (“Seller Related Documents”), upon due execution and delivery by Seller, will constitute, assuming the due execution and delivery by the counterparties to the Seller Related Documents, the legal, valid, and binding obligation of Seller, enforceable in accordance with its respective terms (except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws relating to or limiting creditors’ rights generally or by application of equitable principles regardless of whether such enforceability is considered in a proceeding at Law or in equity).

Authority; Binding Effect. (a) The execution and delivery by Seller of this Agreement and the consummation by Seller of the Transactions transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of Seller. (b) This Agreement and each agreement, instrument or document being or to be executed and delivered by Seller in connection with the Transactions transactions contemplated hereby or thereby (“Seller Related Documents”), upon due execution and delivery by Seller, will constitute, assuming the due execution and delivery by the counterparties to the Seller Related Documentsother parties thereto, the legal, valid, and binding obligation of Seller, enforceable in accordance with its respective terms (except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws laws relating to or limiting creditors’ rights generally or by application of equitable principles regardless of whether such enforceability is considered in a proceeding at Law law or in equity).

Authority; Binding Effect. (a) The execution and delivery by Seller Buyer of this Agreement and the consummation by Seller Buyer of the Transactions transactions contemplated hereby have been duly and validly authorized by all necessary corporate action on the part of SellerBuyer. (b) This Agreement and each agreement, instrument or document being or to be executed and delivered by Seller Buyer in connection with the Transactions transactions contemplated thereby (“Seller Buyer Related Documents”), upon due execution and delivery by SellerBuyer, will constitute, assuming the due execution and delivery by the counterparties to the Seller Related Documentsother parties thereto, the legal, valid, and binding obligation of SellerBuyer, enforceable in accordance with its respective terms (except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws laws relating to or limiting creditors’ rights generally or by application of equitable principles regardless of whether such enforceability is considered in a proceeding at Law or in equityprinciples).

Authority; Binding Effect. (a) The execution and delivery by Seller of this Agreement by Buyer and consummation by Seller of the Transactions by it have been duly and validly authorized by all necessary corporate company action on the part of SellerBuyer. (b) This Agreement and each agreement, instrument or document being or to be executed and delivered by Seller Buyer in connection with the Transactions (“Seller Buyer Related Documents”), upon due execution and delivery by Sellerit, will constitute, assuming the due execution and delivery by the counterparties to the Seller Buyer Related Documents, the legal, valid, and binding obligation of SellerBuyer, enforceable in accordance with its respective terms (except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws relating to or limiting creditors’ rights generally or by application of equitable principles regardless of whether such enforceability is considered in a proceeding at Law or in equity).

Authority; Binding Effect. (a) The execution and delivery by Seller Buyer of this Agreement and the consummation by Seller Buyer of the Transactions transactions contemplated hereby have been duly and validly authorized by all necessary corporate limited liability company action on the part of SellerBuyer. (b) This Agreement and each agreement, instrument or document being or to be executed and delivered by Seller Buyer in connection with the Transactions transactions contemplated thereby (“Seller Buyer Related Documents”), upon due execution and delivery by SellerBuyer, will constitute, assuming the due execution and delivery by the counterparties to the Seller Related Documentsother parties thereto, the legal, valid, and binding obligation of SellerBuyer, enforceable in accordance with its respective terms (except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws laws relating to or limiting creditors’ rights generally or by application of equitable principles regardless of whether such enforceability is considered in a proceeding at Law or in equityprinciples).