Common use of Authorization and Binding Effect Clause in Contracts

Authorization and Binding Effect. Harry's has the corporate power and -------------------------------- authority to execute, deliver, enter into and perform this Agreement and to consummate the transactions contemplated by this Agreement. The officers executing this Agreement are the duly elected officers of Harry's and are duly authorized to execute this Agreement on Harry's behalf. This Agreement constitutes a legal, valid and binding obligation of Harry's enforceable against Harry's in accordance with its terms.