Common use of Binding Obligation, Etc Clause in Contracts

Binding Obligation, Etc. This Agreement constitutes the legal, valid, and binding obligation of Sellers, enforceable against it in accordance with the terms hereof. Upon the execution and delivery by Sellers of the documents and instruments required pursuant to the Agreement (collectively, “Sellers’ Closing Documents”), Sellers’ Closing Documents will constitute the legal, valid, and binding obligations of Sellers to the extent Sellers are a party thereto, enforceable against Sellers in accordance with their respective terms. Sellers have the absolute and unrestricted legal right, power, authority, and capacity to execute and deliver this Agreement and Sellers’ Closing Documents as required of Sellers hereunder and to perform their obligations under this Agreement and Sellers’ Closing Documents.

Binding Obligation, Etc. This Agreement constitutes the legal, valid, and binding obligation of SellersSeller, enforceable against it in accordance with the terms hereof. Upon the execution and delivery by Sellers Seller of the documents and instruments required pursuant to the Agreement (collectively, “Sellers’ Seller’s Closing Documents”), Sellers’ Seller’s Closing Documents will constitute the legal, valid, and binding obligations of Sellers Seller to the extent Sellers are Seller is a party thereto, enforceable against Sellers Seller in accordance with their respective terms. Sellers have Seller has the absolute and unrestricted legal right, power, authority, and capacity to execute and deliver this Agreement and Sellers’ Seller’s Closing Documents as required of Sellers Seller hereunder and to perform their its obligations under this Agreement and Sellers’ Seller’s Closing Documents.