Common use of Authority of Company Clause in Contracts

Authority of Company. (a) The Company and the directors of the Company have taken all necessary action to authorise the signing, delivery and performance of this agreement and the documents required under this agreement in accordance with their respective terms. (b) The Company has power to enter into this agreement and perform its obligations under it and can do so without the consent of any other person and free of any pre-emptive rights or rights of first refusal that have not otherwise been waived in accordance with this agreement. (c) The Company’s obligations under this agreement are valid and binding and enforceable against it in accordance with their terms.