Common use of Authority and Approval of Agreement; Binding Effect Clause in Contracts

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties of this Amendment, and all other documents executed and delivered in connection herewith, and the performance by Credit Parties of all of their Obligations hereunder and thereunder, have been duly and validly authorized and approved by each of the Credit Parties and their respective board of directors pursuant to all applicable laws, and no other corporate action or consent on the part of the Credit Parties, their respective board of directors, stockholders or any other Person is necessary or required by the Credit Parties to execute this Amendment, and the documents executed and delivered in connection herewith and therewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit Parties’ Obligations hereunder and thereunder. This Amendment and each of the documents executed and delivered in connection herewith and therewith have been duly and validly executed by the Credit Parties (and the officer executing this Amendment and all such other documents for each Credit Party is duly authorized to act and execute same on behalf of such Credit Party) and constitute the valid and legally binding agreements of the Credit Parties, enforceable against the Credit Parties in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties Company and Guarantor of this Amendment, and all other documents executed and delivered in connection herewith, and the performance by Credit Parties Company and Guarantor of all of their respective Obligations hereunder and thereunder, have been duly and validly authorized and approved by each of the Credit Parties Company, by Guarantor and their respective board boards of directors pursuant to all applicable laws, Laws and no other corporate action or consent Consent on the part of the Credit PartiesCompany, Guarantor, their respective board boards of directors, stockholders or any other Person is necessary or required by the Credit Parties Company to execute this Amendment, and the documents executed and delivered in connection herewith and therewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit Parties’ Company’s and Guarantor’s Obligations hereunder and thereunder. This Amendment Amendment, and each of the documents executed and delivered in connection herewith and therewith therewith, have been duly and validly executed by the Credit Parties Company and Guarantor (and the officer executing this Amendment Agreement and all such other documents for each Credit Party is duly authorized to act and execute same on behalf of such Credit Partythe Company and Guarantor) and constitute the valid and legally binding agreements of the Credit PartiesCompany and Guarantor, enforceable against the Credit Parties Company and Guarantor in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties Borrowers of this Amendment, the Additional Warrant, and all other documents executed and delivered in connection herewithherewith and therewith, and the performance by Credit Parties Borrowers of all of their its Obligations hereunder and thereunder, have been duly and validly authorized and approved by each of the Credit Parties Borrowers and their respective board of directors pursuant to all applicable laws, Laws and no other corporate action or consent Consent on the part of the Credit PartiesBorrowers, their respective its board of directors, stockholders stockholders, members, or any other Person is necessary or required by the Credit Parties Borrowers to execute this Amendment, the Additional Warrant, and the documents executed and delivered in connection herewith and therewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit PartiesBorrowers’ Obligations hereunder and thereunder. This Amendment Amendment, the Additional Warrant and each of the documents executed and delivered in connection herewith and therewith have been duly and validly executed by the Credit Parties Borrowers (and the officer or other authorized signatory executing this Amendment and all such other documents for each Credit Party of the Borrowers is duly authorized to act and execute same on behalf of such Credit Partythe Borrowers) and constitute the valid and legally binding agreements of the Credit PartiesBorrowers, enforceable against the Credit Parties Borrowers in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.

Authority and Approval of Agreement; Binding Effect. The execution and delivery by the Credit Parties Borrowers of this Amendment, and all other documents executed and delivered in connection herewith, and the performance by Credit Parties Borrowers of all of their respective Obligations hereunder and thereunder, have been duly and validly authorized and approved by each of the Credit Parties Borrowers and their respective board of directors directors, members, managers, or other Persons, as applicable, pursuant to all applicable laws, laws and no other corporate action or consent consents on the part of the Credit PartiesBorrowers, their respective board of directors, stockholders stockholders, members, managers, or any other Person is necessary or required by the Credit Parties Borrowers to execute this Amendment, and the documents executed and delivered in connection herewith and therewithherewith, to consummate the transactions contemplated herein and therein, or perform all of the Credit PartiesBorrowers’ respective Obligations hereunder and thereunder. This Amendment Amendment, and each of the documents executed and delivered in connection herewith and therewith herewith, have been duly and validly executed by the Credit Parties Borrowers (and the officer or other Person executing this Amendment and all such other documents for each Credit Party of the Borrowers is duly authorized to act and execute same on behalf of such Credit Partythe Borrowers) and constitute the valid and legally binding agreements of the Credit PartiesBorrowers, enforceable against the Credit Parties Borrowers in accordance with their respective terms, except as such enforceability may be limited by general principles of equity or applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors’ rights and remedies.