Common use of Authority; Binding Effect Clause in Contracts

Authority; Binding Effect. The Seller has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority legal capacity to execute and deliver this Agreement and to perform its his obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations obligation of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate all necessary limited liability company power and authority to execute and deliver enter into this Agreement and Agreement, to perform its obligations hereunderhereunder and to consummate the transactions contemplated by this Agreement. This Agreement has been duly and validly executed and delivered by the Seller Seller, and (assuming the due execution authorization and delivery thereof by the Purchaser) this Agreement constitutes the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller Each of the Sellers has the all requisite corporate right, power and authority to execute execute, deliver and deliver perform this Agreement and the Related Agreements to perform its obligations hereunderwhich such Seller is a party. This Agreement has and the Related Agreements to which the Sellers are parties have been duly and validly executed and delivered by the Seller Sellers and (assuming the due execution and delivery thereof by the Purchaser) constitutes constitute the legal, valid and binding obligations of each of the SellerSellers, enforceable against each of the Seller Sellers in accordance with its their respective terms.

Authority; Binding Effect. The Seller has the requisite corporate full power and authority to execute this Agreement, and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the a legal, valid and binding obligations obligation of the Seller, Seller enforceable against the Seller in accordance with its terms, subject to applicable bankruptcy or insolvency laws.

Authority; Binding Effect. The (a) Seller has the all requisite corporate limited liability company power and authority to execute and deliver this Agreement and the Ancillary Agreements and to consummate the transactions contemplated hereby and thereby and perform its obligations hereunder. This The execution, delivery and performance by Seller of this Agreement has and the Ancillary Agreements and the consummation of the transactions contemplated hereby and thereby have been duly and validly executed and delivered authorized by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations all necessary limited liability action on behalf of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority legal capacity to execute and deliver this Agreement and to perform its the Seller’s obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations obligation of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Each Seller has the requisite corporate power and authority legal capacity to execute and deliver this Agreement and to perform his, her or its obligations hereunder. This Agreement has been duly and validly executed and delivered by the each Seller and (assuming the due execution and delivery thereof by the PurchaserPurchaser and the other Sellers) constitutes the legal, valid and binding obligations obligation of the each Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Such Seller has the requisite corporate full power and authority to execute make, execute, deliver and deliver perform this Agreement and to perform its obligations hereunderthe other instruments and documents required or contemplated hereby, and such execution, delivery and performance have been duly authorized by all necessary action on the part of such Seller. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations obligation of the Seller, such Seller enforceable against the such Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly authorized, executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations obligation of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the all requisite corporate power and authority to own and operate its properties and assets, to carry on its business as it is now being conducted and to execute and deliver this Agreement the Transaction Agreements and to perform its obligations hereunderhereunder and thereunder. This Agreement has The Transaction Agreements, and the performance by Seller of its obligations hereunder and thereunder, have been duly authorized by all requisite corporate action and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, constitute valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority legal capacity to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes the legal, valid and binding obligations obligation of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the PurchaserPurchaser and the Seller) constitutes the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the PurchaserPurchasers) constitutes the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its terms.

Authority; Binding Effect. The Seller has the all requisite corporate right, power and authority to execute execute, deliver and deliver perform this Agreement and the Related Agreements to perform its obligations hereunderwhich the Seller is a party. This Agreement has and the Related Agreements to which the Seller is a party have been duly and validly executed and delivered by the Seller and (assuming the due execution and delivery thereof by the Purchaser) constitutes constitute the legal, valid and binding obligations of the Seller, enforceable against the Seller in accordance with its their respective terms.