Common use of Authority and Binding Effect Clause in Contracts

Authority and Binding Effect. The execution and delivery of this Agreement and the performance by the Purchaser of its obligations hereunder have been duly authorized by all necessary corporate action. This Agreement constitutes the legal, valid and binding agreement of the Purchaser, enforceable against the Purchaser in accordance with its terms.

Authority and Binding Effect. The execution and delivery ---------------------------- of this Agreement and the performance by the Purchaser of its obligations hereunder have been duly authorized by all necessary corporate action. This Agreement constitutes the legal, valid and binding agreement of the Purchaser, enforceable against the Purchaser in accordance with its terms, subject to (i) limitations under applicable law on rights to indemnification, (ii) the effects of any applicable bankruptcy, reorganization, moratorium or similar laws and (iii) general principles of equity.

Authority and Binding Effect. The execution and delivery of this This Agreement and the performance by the Purchaser of its obligations hereunder transactions contemplated hereby have been duly authorized approved by all necessary the relevant corporate action. This Agreement constitutes bodies of Buyer and constitute the legal, valid and binding agreement obligation of the PurchaserBuyer, enforceable against the Purchaser Buyer in accordance with its respective terms.

Authority and Binding Effect. The execution and delivery of this Agreement agreement and the performance by the Purchaser Seller of its obligations hereunder have been duly authorized by all necessary corporate partnership action. This Agreement constitutes the legal, valid and binding agreement of the PurchaserSeller, enforceable against the Purchaser Seller in accordance with its terms.

Authority and Binding Effect. The execution and delivery of this Agreement and the performance by the Purchaser Seller of its obligations hereunder have been duly authorized by all necessary corporate action. This Agreement constitutes the legal, valid and binding agreement of the PurchaserSeller, enforceable against the Purchaser Seller in accordance with its terms.

Authority and Binding Effect. The execution and delivery of this This Agreement and the performance by the Purchaser of its obligations hereunder transactions contemplated hereby have been duly authorized approved by all necessary the relevant corporate action. This Agreement constitutes bodies of Seller and constitute the legal, valid and binding agreement obligation of the PurchaserSeller, enforceable against the Purchaser Seller in accordance with its respective terms.

Authority and Binding Effect. The execution and delivery of this Agreement and the performance by the Purchaser and the consummation by it of its obligations hereunder the transactions contemplated herein have been duly authorized by all necessary requisite corporate actionaction by the Purchaser. This Agreement has been duly executed and delivered by the Purchaser and constitutes the its legal, valid and binding agreement of the Purchaserobligation, enforceable against the Purchaser it in accordance with its terms.

Authority and Binding Effect. The execution and delivery of this This Agreement and the performance by the Purchaser of its obligations hereunder transactions contemplated hereby have been duly authorized approved by all necessary the relevant corporate action. This Agreement constitutes body of Buyer and constitute the legal, valid and binding agreement obligations of the PurchaserBuyer, enforceable against the Purchaser Buyer in accordance with its their respective terms. Copies of the Corporate Approvals obtained by Buyer are attached in Exhibit 7.1.2 hereto.