Common use of Capacity; Authority; Validity Clause in Contracts

Capacity; Authority; Validity. Company has the power, authority and legal right to execute, deliver, and perform this Agreement and perform its obligations under this Agreement. The execution, delivery and performance of this Agreement by Company has been duly authorized by all necessary action, and this Agreement is enforceable against Company in accordance with its terms, except only to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 5 contracts

Sources: Dealer Agreement, Dealer Agreement, Dealer Agreement

Capacity; Authority; Validity. Company has the power, authority and legal right to execute, deliver, and perform this Agreement and perform its obligations under this Agreementthe transactions contemplated hereunder. The execution, delivery and performance of this Agreement by Company has have been duly authorized by all necessary action, and this Agreement is enforceable against Company in accordance with its terms, except only to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws Laws relating to or affecting creditors' rights generally and by general equity principles.

Appears in 1 contract

Sources: Auto Loan Alliance Program Agreement (E Loan Inc)

Capacity; Authority; Validity. Company has the power, all necessary corporate power and authority and legal right to execute, deliver, and perform enter into this Agreement and to perform its all of the obligations to be performed by it under this Agreement. The execution, delivery and performance of this This Agreement by Company has been duly authorized by all necessary actioncorporate action and has been duly executed and delivered by Company, and this Agreement is upon execution by the Parties, shall constitute the valid and binding obligation of Company, enforceable against Company in accordance with its terms, except only subject to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, applicable bankruptcy laws and other laws relating to or affecting creditors’ rights generally and by general equity principlesprinciples of equity.

Appears in 1 contract

Sources: Sponsorship Agreement (Global Cash Access Holdings, Inc.)

Capacity; Authority; Validity. Company has the power, authority and legal right to execute, deliver, and perform this Agreement and perform its obligations under this Agreement. The execution, delivery and performance of this Agreement by Company has been duly authorized by all necessary action, and this Agreement is enforceable against Company in accordance with under its terms, except only to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 1 contract

Sources: Dealer Agreement

Capacity; Authority; Validity. Company has the power, authority and legal right to execute, deliver, and perform this Agreement and perform its obligations under this Agreementthe transactions contemplated hereunder. The execution, delivery and performance of this Agreement by Company has have been duly authorized by all necessary action, and this Agreement is enforceable against Company in accordance with its terms, except only to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors' rights generally and by general equity principles.

Appears in 1 contract

Sources: Auto Loans Internet Program Agreement (E Loan Inc)