Common use of AUTHORITY CONCERNING THIS AGREEMENT Clause in Contracts

AUTHORITY CONCERNING THIS AGREEMENT. The execution and delivery of this Agreement and the other documents and instruments to be executed and delivered by Seller hereunder, the performance by Seller of its obligations hereunder and thereunder, and the consummation by Seller of the transactions contemplated hereby and thereby have been duly authorized by the Board of Directors, of Seller. Seller will deliver to Buyer at or prior to the Closing a complete and correct copy, certified by its corporate secretary or assistant secretary, of all resolutions theretofore duly and validly adopted by its Board of Directors evidencing such authorization (which resolution will not have been modified or rescinded prior to and will be in full force and effect on the Closing Date). No other corporate act or proceeding on the part of Seller is necessary to approve the execution and delivery of this Agreement by Seller, the execution and delivery of the other documents and instruments to be executed and delivered by Seller hereunder, the performance by Seller of its obligations hereunder and thereunder and the consummation of the transactions contemplated hereby and thereby.

AUTHORITY CONCERNING THIS AGREEMENT. The execution and delivery of this Agreement and the other documents and instruments to be executed and delivered by Seller Buyer hereunder, the performance by Seller Buyer of its obligations hereunder and thereunder, and the consummation by Seller Buyer of the transactions contemplated hereby and thereby have been duly authorized by the Board of DirectorsManagers, of SellerBuyer. Seller Buyer will deliver to Buyer Seller at or prior to the Closing a complete and correct copy, certified by its corporate secretary or assistant secretary, of all resolutions theretofore duly and validly adopted by its Board of Directors Managers evidencing such authorization (which resolution will not have been modified or rescinded prior to and will be in full force and effect on the Closing Date). No other corporate act or proceeding on the part of Seller Buyer is necessary to approve the execution and delivery of this Agreement by SellerBuyer, the execution and delivery of the other documents and instruments to be executed and delivered by Seller Buyer hereunder, the performance by Seller Buyer of its obligations hereunder and thereunder and the consummation of the transactions contemplated hereby and thereby.