Common use of Authority; Validity of Agreement Clause in Contracts

Authority; Validity of Agreement. Such Party has the requisite corporate or other power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by such Party, and, assuming due and valid authorization, execution and delivery hereof by the other Party hereto, this Agreement is a valid and binding obligation, enforceable against it in accordance with its terms.

Authority; Validity of Agreement. Such Party has the requisite corporate or other full right, power and authority to execute carry out its obligations hereunder and to execute, deliver and perform, and enter into and consummate, all of the documents and transactions contemplated by this Agreement to which it is a party. The individual(s) executing this Agreement and the instruments referenced herein on behalf of such Party have the legal power, right and actual authority to perform its obligations hereunderbind such Party to the terms hereof and thereof. This Agreement has been duly authorized, executed and delivered by such Party and is the valid, binding and enforceable obligation of such Party, and, assuming due and valid authorization, execution and delivery hereof by the other Party hereto, this Agreement is a valid and binding obligation, enforceable against it in accordance with its terms.