Common use of Authority; Binding Obligations Clause in Contracts

Authority; Binding Obligations. The execution and delivery of this Agreement and all agreements and documents contemplated hereby by Seller, and the consummation by Seller of the transactions contemplated hereby, have been duly authorized by all required persons and no other actions on the part of Seller are required to authorize this Agreement and the transactions contemplated hereby. This Agreement, and all documents and instruments contemplated hereby, constitute legal, valid and binding obligations of Seller in accordance with their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.

Authority; Binding Obligations. The execution and delivery of this Agreement by Seller and all agreements and documents contemplated hereby to be executed by Seller, and the consummation by Seller of the transactions contemplated herebyhereby and thereby, have been duly authorized by all required persons Persons and no other actions on the part of Seller are required to authorize this Agreement and the transactions contemplated hereby. This Agreement, and all documents and instruments contemplated hereby, constitute legal, valid and binding obligations of Seller in accordance with their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.