Common use of Due Authorization; Enforceability Clause in Contracts

Due Authorization; Enforceability. Purchaser has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement is the valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms, except as the enforceability thereof may be limited by applicable bankruptcy laws affecting creditors’ right generally, and by general equitable principles regardless of whether the issue of enforceability is considered in a proceeding in equity or at law.

Due Authorization; Enforceability. The Purchaser has the full corporate power and authority to execute and deliver this Agreement Agreement, to perform all its obligations hereunder and to perform its obligations purchase Participation Interests hereunder. This The execution, delivery and performance of this Agreement is by the valid Purchaser and binding obligation contemplated purchase by the Purchaser of Purchaser, enforceable against Purchaser in accordance with Participation Interests hereunder have been duly authorized by all necessary corporate action on its terms, except as the enforceability thereof may be limited by applicable bankruptcy laws affecting creditors’ right generally, part and by general equitable principles regardless do not and will not contravene any provision of whether the issue of enforceability is considered in a proceeding in equity or at lawits constitutional documents.