Common use of Authority; Authorization; Execution and Delivery Clause in Contracts

Authority; Authorization; Execution and Delivery. (a) FEA has full power and authority to enter into this Agreement and to consummate the transactions contemplated herein. (b) The execution and delivery of this Agreement and the consummation by FEA of the transactions contemplated herein have been duly authorized by all necessary action on the part of FEA. (c) This Agreement has been duly executed and delivered by FEA and constitutes the valid and legally binding obligations of FEA, enforceable against FEA in accordance with and subject to its terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights and general principles of equity.

Authority; Authorization; Execution and Delivery. (a) FEA has full power and authority to enter into this Agreement and to consummate the transactions contemplated hereinthereby. (b) The execution and delivery of this Agreement and the consummation by FEA of the transactions contemplated herein hereby have been duly authorized by all necessary action on the part of FEA. (c) This Agreement has been duly executed and delivered by FEA and constitutes the valid and legally binding obligations of FEA, enforceable against FEA in accordance with and subject to its respective terms, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights and general principles of equity.