KBRA Execution Clause Samples

The KBRA Execution clause defines the procedures and requirements for executing documents or agreements in connection with KBRA (Kroll Bond Rating Agency) transactions. Typically, this clause outlines who is authorized to sign on behalf of the parties, the acceptable formats for execution (such as electronic or counterpart signatures), and any specific steps required to finalize the agreement. Its core practical function is to ensure that all parties understand and comply with the formalities necessary for a valid and enforceable execution of documents, thereby reducing the risk of disputes over the validity of signatures or the binding nature of the agreement.
KBRA Execution. Each Party, other than PacifiCorp and the Federal Parties, shall execute this Settlement and the KBRA concurrently.
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Related to KBRA Execution

  • Due Execution This Agreement has been duly executed and delivered by such party and, with due authorization, execution and delivery by the other party, constitutes a legal, valid and binding obligation of such party, enforceable against such party in accordance with its terms.

  • Fax Execution This Agreement may be executed by delivery of executed signature pages by fax and such fax execution will be effective for all purposes.

  • Valid Execution This Agreement has been duly executed and delivered by the Company.

  • Execution This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to each other party, it being understood that the parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original thereof.

  • Facsimile Execution To evidence the fact that it has executed this Agreement, a Party may send a copy of its executed counterpart to the other Party by facsimile transmission. That Party shall be deemed to have executed this Agreement on the date it sent such facsimile transmission. In such event, such Party shall forthwith deliver to the other Party the counterpart of this Agreement executed by such Party.