Common use of Representations of Parties Clause in Contracts

Representations of Parties. The Parties hereto hereby represent that this STATE Fee Payment Agreement has been duly authorized and, upon execution, will constitute a valid and binding contractual obligation, enforceable in accordance with its terms, of each of the Parties hereto.

Representations of Parties. The Parties hereto hereby represent that this STATE Fee Payment Agreement has been duly authorized and, upon execution, will constitute a valid and binding contractual con- tractual obligation, enforceable in accordance with its terms, of each of the Parties hereto.