Common use of Authority; Validity and Effect of Agreement Clause in Contracts

Authority; Validity and Effect of Agreement. The execution and delivery of each of this Agreement by the Company and the performance by the Company of its obligations hereunder have been duly authorized by all necessary corporate proceedings on the part of the Company. This Agreement has been duly and validly executed and delivered by the Company and, assuming that it has been duly authorized, executed and delivered by Purchaser, constitutes a legal, valid and binding obligation of the Company, in accordance with its terms.

Authority; Validity and Effect of Agreement. The execution and delivery of each of this Agreement by the Company Purchaser and the performance by the Company Purchaser of its obligations hereunder have been duly authorized by all necessary corporate organizational proceedings on the part of the CompanyPurchaser. This Agreement has been duly and validly executed and delivered by the Company Purchaser and, assuming that it has been duly authorized, executed and delivered by Purchaserthe Company, constitutes a legal, valid and binding obligation of the CompanyPurchaser, in accordance with its terms.

Authority; Validity and Effect of Agreement. The execution and delivery of each of this Agreement by the Company Purchaser and the performance by the Company Purchaser of its obligations hereunder have been duly authorized by all necessary corporate organizational proceedings on the part of the CompanyPurchaser. This Agreement has been duly and validly executed and delivered by the Company Purchaser and, assuming that it has been duly authorized, executed and delivered by Purchaserthe Company, constitutes a legal, valid and binding obligation of the CompanyPurchaser, in accordance with its terms.

Authority; Validity and Effect of Agreement. The execution and delivery of each of this Agreement by the Company and the performance by the Company of its obligations hereunder have been duly authorized by all necessary corporate proceedings on the part of the Company. This Agreement has been duly and validly executed and delivered by the Company and, assuming that it has been duly authorized, executed and delivered by Purchaser, constitutes a legal, valid and binding obligation of the Company, in accordance with its terms.

Authority; Validity and Effect of Agreement. The execution and delivery of each of this This Agreement by the Company and the performance by the Company of its obligations hereunder have has been duly authorized and validly authorized, executed and delivered by all necessary corporate proceedings on the part of the Company. This Agreement Purchaser and, assuming it has been duly and validly executed and delivered by the Company and, assuming that it has been duly authorized, executed and delivered by PurchaserSeller, constitutes a legal, valid and binding obligation of the CompanyPurchaser, in accordance with its terms.