Common use of Authority; Due Execution; Binding Obligation Clause in Contracts

Authority; Due Execution; Binding Obligation. (a) Purchaser has all necessary power and authority to execute and deliver this Agreement and the Related Documents to which it is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Related Documents by Purchaser, the performance by Purchaser of its obligations hereunder and thereunder and the consummation by Purchaser of the transactions contemplated hereby and thereby have been duly authorized by all requisite action on the part of Purchaser.

Authority; Due Execution; Binding Obligation. (a) Purchaser Seller has all necessary power and authority to execute and deliver this Agreement and the Related Documents to which it is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Related Documents by PurchaserSeller, the performance by Purchaser Seller of its obligations hereunder and thereunder and the consummation by Purchaser Seller of the transactions contemplated hereby and thereby have been duly authorized by all requisite action on the part of PurchaserSeller.