Common use of Authorization and Binding Effect of Documents Clause in Contracts

Authorization and Binding Effect of Documents. Seller’s execution and delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary action on the part of Seller, and no other proceedings on the part of Seller are necessary to authorize and approve this Agreement. Seller has the power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents have been, or at or prior to the Closing will be, duly executed by Seller. The Documents, when executed and delivered by the parties hereto, will constitute legal and valid obligations of Seller enforceable against it in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equity.

Authorization and Binding Effect of Documents. Seller’s 's execution ------------------------------------------------- and delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary corporate action on the part of Seller, and no other proceedings on the part of Seller are necessary to authorize and approve this Agreement. Seller has the power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents have been, or at or prior to the Closing will be, duly executed by Seller. The Documents, when executed and delivered by the parties hereto, will constitute legal and valid obligations of Seller enforceable against it in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equityequity (regardless of whether enforceability is sought in a proceeding in equity or at law).

Authorization and Binding Effect of Documents. Seller’s 's execution and delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary corporate action on the part of Seller, and no other proceedings on the part of Seller are necessary to authorize and approve this Agreement. Seller has the power and authority to execute, deliver to deliver, and to perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents to be executed by Seller have been, or at or prior to the Closing will have been or will be, duly executed by Seller. The Documents, when executed and delivered by the parties hereto, will constitute legal and valid obligations of Seller enforceable against it in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equityequity (regardless of whether enforceability is sought in a proceeding in equity or at law).

Authorization and Binding Effect of Documents. Seller’s Buyer's execution and ---------------------------------------------- delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller Buyer of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary corporate action on the part of Seller, and no other proceedings on the part of Seller are necessary to authorize and approve this AgreementBuyer. Seller Buyer has the power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents have been, or at or prior to the Closing will be, duly executed by SellerBuyer. The Documents, when executed and delivered by the parties hereto, will constitute legal the valid and valid obligations legally binding agreement of Seller Buyer, enforceable against it Buyer in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and or other similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equityequity (regardless of whether such enforceability is sought in a proceeding in equity or at law).

Authorization and Binding Effect of Documents. Seller’s 's execution and delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary corporate action on the part of Seller. Subject only to consummation of the HAP Agreement, and no other proceedings on the part of Seller are necessary to authorize and approve this Agreement. Seller has the power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents have been, or at or prior to the Closing will be, duly executed by Seller. The Documents, when executed and delivered by the parties hereto, will constitute legal and valid obligations of Seller enforceable against it in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equityequity (regardless of whether enforceability is sought in a proceeding in equity or at law).

Authorization and Binding Effect of Documents. Seller’s Buyer's execution and delivery of, and the performance of its obligations under, this Agreement and each of the other Documents, and the consummation by Seller Buyer of the transactions contemplated hereby and thereby, have been duly authorized and approved by all necessary corporate action on the part of Seller, and no other proceedings on the part of Seller are necessary to authorize and approve this AgreementBuyer. Seller Buyer has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Documents and to consummate the transactions hereby and thereby contemplated. This Agreement and each of the other Documents to be executed by Buyer have been, or at or prior to the Closing will be, duly executed by SellerBuyer. The Documents, when executed and delivered by the parties hereto, will constitute legal the valid and valid obligations legally binding agreement of Seller Buyer, enforceable against it Buyer in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium and or other similar laws affecting the enforcement of creditors' rights or remedies generally, and except as may be limited by general principles of equityequity (regardless of whether such enforceability is sought in a proceeding in equity or at law).