Common use of Authorization and Compliance Clause in Contracts

Authorization and Compliance. Seller is validly existing under applicable law. Seller is duly and legally authorized to execute, deliver, and perform its obligations under this Agreement and all documents contemplated hereunder, and the undersigned representative is authorized to act on behalf of and bind Seller to the terms of this Agreement.

Appears in 3 contracts

Samples: Loan Purchase and Sale Agreement (Healing Co Inc.), Loan Purchase and Sale Agreement, Loan Purchase and Sale Agreement (KBS Strategic Opportunity REIT, Inc.)

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Authorization and Compliance. Seller is validly existing under applicable law. Seller is duly and legally authorized to execute, deliver, and perform its obligations under enter into this Agreement and has complied with all documents contemplated hereunderlaws, rules, regulations, charter provisions and bylaws to which it may be subject, and that the undersigned representative is authorized to act on behalf of and bind Seller to the terms of this Agreement.

Appears in 2 contracts

Samples: Loan Sale Agreement (CS Financing CORP), Loan Sale Agreement (Digital Creative Development Corp)

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Authorization and Compliance. Seller is validly existing under applicable law. Seller is duly and legally authorized to execute, deliver, and perform its obligations under enter into this Agreement and all documents contemplated hereunderAgreement, and the undersigned representative is authorized to act on behalf of and bind Seller to the terms of this Agreement.

Appears in 2 contracts

Samples: Mortgage Loan Sale Agreement, Mortgage Loan Sale Agreement (Resource Real Estate Opportunity REIT, Inc.)

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