Common use of Authority Representations Clause in Contracts

Authority Representations. Authority hereby warrants, covenants, and represents to Licensee that: 10.2.1 It is a body corporate and politic created by the legislature of the State of South Carolina and is duly organized and validly existing under the laws of the State of South Carolina with full power and authority to conduct its business as now conducted, own its assets and property (including but not limited to the Authority Facilities) and enter into and perform its obligations under this Agreement. 10.2.2 It has the full right and authority to enter into, execute, deliver and perform its obligations under this Agreement and has taken all necessary corporate, company, partnership, governmental and/or other actions to authorize such execution and delivery and performance of such obligations; 10.2.3 This Agreement constitutes a legal, valid, and binding obligation of Authority enforceable against Authority in accordance with its terms; 10.2.4 It will comply with all applicable laws in connection with the its obligations under this Agreement; and 10.2.5 It is fully licensed by all governmental entities with jurisdiction over its activities, and has all permits or authorizing documentation required thereby.

Authority Representations. Authority hereby warrants, covenants, and represents to Licensee that: 10.2.1 It is a body corporate and politic created by the legislature of the State of South Carolina and is duly organized and validly existing under the laws of the State of South Carolina with full power and authority to conduct its business as now conducted, own its assets and property (including but not limited to the Authority FacilitiesInfrastructure) and enter into and perform its obligations under this Agreement. 10.2.2 It has the full right and authority to enter into, execute, deliver and perform its obligations under this Agreement and has taken all necessary corporate, company, partnership, governmental and/or other actions to authorize such execution and delivery and performance of such obligations; 10.2.3 This Agreement constitutes a legal, valid, and binding obligation of Authority enforceable against Authority in accordance with its terms; 10.2.4 It will comply with all applicable laws in connection with the its obligations under this Agreement; and; 10.2.5 It is fully licensed by all governmental entities with jurisdiction over its activities, and has all permits or authorizing documentation required thereby.;