Common use of Authorization and Binding Effect Clause in Contracts

Authorization and Binding Effect. The execution and delivery of this Agreement, the performance by such Seller of its obligations hereunder and the consummation of the transactions contemplated hereby in accordance with the terms hereof have been duly authorized by all requisite action on the part of such Seller. This Agreement has been duly executed and delivered by such Seller, and, assuming due execution and delivery by each of the other Parties, constitutes the legal, valid and binding obligation of such Seller, enforceable against such Seller in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors’ rights generally and by general equitable principles.

Authorization and Binding Effect. The execution and delivery of this Agreement, the performance by such Seller Purchaser of its obligations hereunder and the consummation of the transactions contemplated hereby in accordance with the terms hereof have been duly authorized by all requisite action on the part of such SellerPurchaser. This Agreement has been duly executed and delivered by such SellerXxxxxxxxx, and, assuming due execution and delivery by each of the other PartiesSellers, constitutes the legal, valid and binding obligation of such SellerPurchaser, enforceable against such Seller Purchaser in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors’ rights generally and by general equitable principles.

Authorization and Binding Effect. The execution and delivery of this AgreementAgreement by Buyer, the performance by such Seller Buyer of its obligations hereunder and the consummation by Buyer of the transactions contemplated hereby in accordance with the terms hereof have been duly authorized by all requisite action on the part of such SellerBuyer. This Agreement has been duly executed and delivered by such Seller, and, the Company and (assuming due authorization, execution and delivery by each of the other Parties, Seller Parties and the Company) constitutes the a legal, valid and binding obligation of such SellerBuyer, enforceable against such Seller Buyer in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws and other laws affecting creditors’ rights generally and or by general equitable principles.

Authorization and Binding Effect. The execution and delivery of this Agreement, the performance by such Seller Purchaser of its obligations hereunder and the consummation of the transactions contemplated hereby in accordance with the terms hereof have been duly authorized by all requisite action on the part of such SellerPurchaser. This Agreement has been duly executed and delivered by such SellerPxxxxxxxx, and, assuming due execution and delivery by each of the other PartiesSellers, constitutes the legal, valid and binding obligation of such SellerPurchaser, enforceable against such Seller Purchaser in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors’ rights generally and by general equitable principles.