Common use of 1Authorization Clause in Contracts

1Authorization. The Investor has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by the Investor, will constitute valid and legally binding obligations of the Investor, enforceable in accordance with their terms, except as limited by the Bankruptcy and Equity Exception. No Consent or order of, or registration, qualification, designation, declaration or filing with any federal, state or local Governmental Entity is required on the part of the Investor in connection with the consummation of the transactions contemplated by this Agreement. ​

1Authorization. The Such Investor has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by the such Investor, will constitute valid and legally binding obligations of the such Investor, enforceable in accordance with their terms, except as limited by the Bankruptcy and Equity Exception. No Consent or order of, or registration, qualification, designation, declaration or filing with any federal, state or local Governmental Entity is required on the part of the such Investor in connection with the consummation of the transactions contemplated by this AgreementAgreement and the other Transaction Documents. ​