Common use of Due Authorization and Binding Obligation Clause in Contracts

Due Authorization and Binding Obligation. This Contract has been duly authorized, executed and delivered by all necessary corporate action of the Company and constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that its enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors’ rights from time to time in effect and by equitable principles of general application.

Appears in 2 contracts

Sources: Contract for Solid Waste Operations, Maintenance, Transport and Disposal Services, Service Contract

Due Authorization and Binding Obligation. This Contract has been duly authorized, executed and delivered by all necessary corporate action of the Company Contractor and each Contractor Member and constitutes a legal, valid and binding obligation of the CompanyContractor and each of its members, enforceable against the Company Contractor and each Contractor Member in accordance with its terms, except to the extent that its enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors’ rights from time to time in effect and by equitable principles of general application.

Appears in 1 contract

Sources: Construction Contract

Due Authorization and Binding Obligation. This Contract The execution, delivery and performance of this Agreement has been duly authorized, executed and delivered authorized by all necessary corporate action of the Company Contractor and constitutes a legal, valid and binding obligation of the CompanyContractor, enforceable against the Company Contractor in accordance with its terms, except subject to the extent that its enforceability may be limited by applicable laws of bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effect and by equitable principles of general application.

Appears in 1 contract

Sources: Professional Services Contract

Due Authorization and Binding Obligation. This Contract has been duly authorized, executed and delivered by all necessary corporate action of the Company Contractor and constitutes a legal, valid and binding obligation of the CompanyContractor, enforceable against the Company Contractor in accordance with its terms, except to the extent that its enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors’ rights from time to time in effect and by equitable principles of general application.

Appears in 1 contract

Sources: Construction Contract

Due Authorization and Binding Obligation. This Contract has been duly authorized, executed and delivered by all necessary corporate action of the Company and constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except to the extent that its enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors’ rights from time to time in effect and by equitable principles of general application.

Appears in 1 contract

Sources: Design Build Contract

Due Authorization and Binding Obligation. This Contract Agreement has been duly authorized, executed and delivered by all necessary corporate action of the Company CONTRACTOR and constitutes a legal, valid and binding obligation of the CompanyCONTRACTOR, enforceable against the Company CONTRACTOR in accordance with its terms, except to the extent that its enforceability may be limited by constitutional, bankruptcy, insolvency or other similar laws affecting creditors' rights from time to time in effect and by equitable principles of general application.;

Appears in 1 contract

Sources: Agreement for Operation, Maintenance, and Transportation Services