Common use of Capacity to Execute Clause in Contracts

Capacity to Execute. ‌ The Authority and Concessionaire each warrant and represent to each other that this Lease constitutes their legal, valid and binding obligation. The individuals executing this Lease personally warrant that they have full authority to execute this Lease on behalf of the entity for whom they purport to be acting.

Capacity to Execute. ‌ The Authority and Concessionaire each warrant and represent to each other that this Lease constitutes their legal, valid and binding obligation. The individuals executing this Lease personally warrant that they have full authority to execute this Lease on behalf of the entity for whom they purport to be acting.

Capacity to Execute. ‌ The Authority and Concessionaire each warrant and represent to each other that this Lease Agreement constitutes their legal, valid and binding obligation. The individuals individual executing this Lease Agreement on behalf of Concessionaire personally warrant warrants that they have she/he has full authority to execute this Lease Agreement on behalf of the entity for whom they purport to be actingConcessionaire.