Common use of Authorization and Binding Nature Clause in Contracts

Authorization and Binding Nature. The execution, delivery and performance by the Company of the Agreement and the issuance and delivery of the Shares has been duly authorized by all requisite corporate action on the part of the Company. The Agreement constitutes the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except as enforceability may be limited by securities laws, bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws relating to or affecting the rights of creditors generally and by equitable principles, including those limiting the availability of specific performance, injunctive relief and other equitable remedies.

Authorization and Binding Nature. The execution, delivery and performance by the Company of this Agreement and the Registration Rights Agreement and the issuance and delivery of the Shares has been duly authorized by all requisite corporate action on the part of the Company. The Company and this Agreement constitutes and the Registration Rights Agreement constitute valid and legally binding obligation obligations of the Company, enforceable against the Company in accordance with its their respective terms, except (i) as enforceability may be limited by securities laws, applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or and other similar laws of general application affecting the enforcement of creditors' rights generally and (ii) as may be limited by laws relating to or affecting the rights of creditors generally and by equitable principles, including those limiting the availability of specific performance, injunctive relief and or other equitable remedies.

Authorization and Binding Nature. The execution, delivery and performance by the Company of this Agreement and the Registration Rights Agreement and the issuance and delivery of the Shares has been duly authorized by all requisite corporate action on the part of the Company. The Company and this Agreement constitutes and the Registration Rights Agreement constitute valid and legally binding obligation obligations of the Company, enforceable against the Company in accordance with its their respective terms, except (i) as enforceability may be limited by securities laws, applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or and other similar laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws relating to or affecting the rights of creditors generally and by equitable principles, including those limiting the availability of specific performance, injunctive relief and or other equitable remedies.

Authorization and Binding Nature. The execution, execution and delivery and performance by the Company of this Agreement, the performance of all obligations of the Company under this Agreement and the authorization, issuance and delivery of the Shares has have been duly authorized by all requisite necessary corporate action on the part of the Company. The , and this Agreement constitutes the a valid and legally binding obligation of the Company, Company enforceable against the Company in accordance with its terms, except (i) as enforceability may be limited by securities laws, applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or and other similar laws of general application affecting the enforcement of creditors’ rights generally and (ii) as may be limited by laws relating to or affecting the rights of creditors generally and by equitable principles, including those limiting the availability of specific performance, injunctive relief and or other equitable remedies.