Common use of Authority to Bind Parties Clause in Contracts

Authority to Bind Parties. The signatories for the entities listed below covenant, represent, and warrant that (i) all necessary approvals to enter into this Agreement have been obtained; (ii) have the full legal capacity, right, power, and authority to execute and enter into this Agreement; and (iii) this Agreement is a valid and binding obligation enforceable against the entity on whose behalf they purport to act.