Common use of Authorization and Binding Obligation Clause in Contracts

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer have been duly authorized by all necessary actions on the part of Buyer. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer and constitute the legal, valid, and binding obligations of Buyer, enforceable against Buyer in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller and its shareholders. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer have been duly authorized by all necessary corporate actions on the part of Buyer. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer and constitute the legal, valid, and binding obligations of Buyer, enforceable against Buyer in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller and its shareholder. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance by Buyer of this Agreement, the Escrow Agreement and the Escrow Agreement by Buyer other documents mentioned and contemplated herein have been duly authorized by all necessary actions on the part of Buyer. This Agreement, the Escrow Agreement and the Escrow Time Brokerage Agreement have been duly executed and delivered by Buyer and constitute the legal, valid, and binding obligations of Buyer, enforceable against Buyer in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement thereof may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller and, to the extent required, its sole shareholder. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller and its shareholder[s]. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller and its members. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Sellers have been duly authorized by all necessary actions on the part of BuyerSellers. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Sellers and constitute the legal, valid, and binding obligations of BuyerSellers, enforceable against Buyer them in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.

Authorization and Binding Obligation. The execution, delivery, and performance of this Agreement and the Escrow Agreement by Buyer Seller have been duly authorized by all necessary actions on the part of BuyerSeller. This Agreement and the Escrow Agreement have been duly executed and delivered by Buyer Seller and constitute the legal, valid, and binding obligations of BuyerSeller, enforceable against Buyer it in accordance with their respective terms except as the enforceability of this Agreement and the Escrow Agreement may be affected by bankruptcy, insolvency, or similar laws affecting creditors' rights generally generally, and by judicial discretion in the enforcement of equitable remedies.