Common use of Authorization and Binding Nature Clause in Contracts

Authorization and Binding Nature. Each Party represents and warrants to the other Party that the execution, delivery and performance of this Agreement and the performance of all obligations hereunder have been duly authorized by all requisite corporate action on the part of such Party and this Agreement constitutes valid and legally binding obligations of such Party, limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Authorization and Binding Nature. Each Party represents and warrants to the other Party that the The execution, delivery and performance of this Agreement and the performance of all obligations hereunder have been duly authorized by all requisite corporate action on the part of such Party and this Party. This Agreement constitutes the valid and legally binding obligations of such Party, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws Applicable Laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws Applicable Laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Authorization and Binding Nature. Each Party represents and warrants to the other Party that the execution, delivery and performance of this Agreement and the performance of all obligations hereunder have been duly authorized by all requisite corporate action on the part of such Party and this Agreement constitutes valid and legally binding obligations of such Party, limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws Laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws Laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

Authorization and Binding Nature. Each Party represents and warrants to the other Party that the The execution, delivery and performance of this Agreement and the performance of all obligations hereunder have been duly authorized by all requisite corporate action on the part of such Party and this Agreement constitutes valid and legally binding obligations of such Party, limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws Laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws Laws relating to the availability of specific performance, injunctive relief or other equitable remedies.