Common use of Authority, Authorization and Enforceability Clause in Contracts

Authority, Authorization and Enforceability. (a) Each of WRC and each Owner has the requisite power and authority to execute and deliver this Agreement and each instrument required hereby to be executed and delivered by it at the Closing, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.

Authority, Authorization and Enforceability. (a) Each of WRC and each Owner WRCRC has the all requisite corporate power and authority to execute and deliver this Agreement and each instrument required hereby to be executed and delivered by it at the Closing, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.