Right to Act. No registration with or approval of any governmental agency is required for the due execution and delivery or enforceability of this Agreement. CFMS has legal power to execute and deliver this Agreement under the laws of Virginia and to perform such Services and observe the provisions herein under the laws of Virginia. By executing and delivering this Agreement, and by performing and observing the provisions of this Agreement, CFMS will not violate any existing provision of its Articles of Incorporation or its bylaws or any applicable law or violate or otherwise become in default under any existing contract or other obligation binding upon CFMS. The officers executing and delivering this Agreement are duly authorized to do so, and this Agreement is legally binding upon CFMS and enforceable against the CFMS in every respect.
Appears in 3 contracts
Sources: Origination, Disbursement, Interim Sub Servicing, and Purchasing Master Agreement (Collegiate Funding Services Inc), Origination, Disbursement, Interim Sub Servicing, and Purchasing Master Agreement (Collegiate Funding Services Inc), Origination, Disbursement, Interim Sub Servicing, and Purchasing Master Agreement (Collegiate Funding Services Inc)