Common use of Authority to Execute; Organization Clause in Contracts

Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Purchaser and is enforceable against Purchaser in accordance with its terms, except as enforceability may be limited by equitable principles or by the laws of bankruptcy, insolvency, or other laws affecting creditors’ rights generally. Purchaser is a corporation validly organized and in good standing under the laws of the state of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser’s performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the Purchaser and Purchaser’s directors, shareholders, partners, members or trustees.

Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Purchaser and is enforceable against Purchaser in accordance with its terms, except as enforceability may be limited by equitable principles or by the laws of bankruptcy, insolvency, or other laws affecting creditors’ ' rights generally. Purchaser is a corporation validly organized and in good standing under the laws of the state of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser’s 's performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the Purchaser and Purchaser’s 's directors, shareholders, partners, members or trustees.

Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Purchaser Buyer and is enforceable against Purchaser Buyer in accordance with its terms. If Buyer is a corporation, except as enforceability may be limited by equitable principles or by the laws of bankruptcy, insolvencya partnership, or other laws affecting creditors’ rights generally. Purchaser a trust, Buyer is a corporation validly organized and in good standing under the laws of the state of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser’s Buyer's performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on or the part of the Purchaser Buyer and Purchaser’s Buyer's directors, shareholders, partners, members partners or trustees.