Common use of Authorization and Binding Effect Clause in Contracts

Authorization and Binding Effect. The Purchaser has all necessary authority and corporate power to execute and deliver this Agreement and consummate the transactions contemplated hereby and has taken all action required to be taken by or on the part of such Purchaser to authorize the execution, delivery and performance of this Agreement. This Agreement constitutes a valid and binding agreement enforceable against Purchaser in accordance with its terms.

Authorization and Binding Effect. The Purchaser has all necessary authority full power and authority, corporate power and otherwise, to execute and deliver enter into this Agreement and consummate the transactions contemplated hereby and has taken all action required to be taken by or on the part of such Purchaser to authorize the executionAgreement. Execution, delivery and performance consummation of this AgreementAgreement by Purchaser have been duly authorized by all necessary corporate action and do not require any consent or approval of any Person that has not been obtained. This Agreement constitutes a the valid and binding agreement obligation of Purchaser, enforceable against Purchaser in accordance with its termsthe terms and conditions hereof.