Authorization and Enforceability of this Agreement. This Agreement has been duly authorized, executed and delivered by or on behalf of each of RSVP and RAP-ACP and, assuming due authorization, execution and delivery by the other parties hereto (including the Representatives), is a valid and binding agreement of each of RSVP and RAP-ACP, as applicable, enforceable against RSVP and RAP-ACP in accordance with its terms, except to the extent that such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws relating to or affecting creditors’ rights and general principles of equity and except as rights to indemnify and contribution thereunder may be limited by applicable law or policies underlying such law.
Authorization and Enforceability of this Agreement. The Investor has the requisite power and authority to execute and deliver this Agreement to which it is a party and to carry out its obligations hereunder and thereunder. The execution, delivery and performance by the Investor of this Agreement to which it is a party and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary action on the part of the Investor, and no further approval or authorization is required on the part of the Investor. This Agreement will be valid and binding obligations of the Investor enforceable against the Investor in accordance with their respective terms.
Authorization and Enforceability of this Agreement. This Agreement has been duly authorized and executed by each of the KBS Primary Parties and Seller, and is a legal, valid and binding instrument enforceable against each of Seller and each of the KBS Primary Parties (collectively, the “Seller Parties”) in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors. The closing of the sale of the Property under the Purchase Agreement and the execution of this Agreement creates a financial benefit for the KBS Primary Parties, who own a direct or indirect interest in Seller.
Authorization and Enforceability of this Agreement. The execution, delivery and performance by Seller of this Agreement have been duly authorized by all necessary partnership action on the part of Seller. This Agreement has been duly executed and delivered by Seller and constitutes the legal, valid and binding obligation of Seller, enforceable against it in accordance with its terms.
Authorization and Enforceability of this Agreement. The execution, delivery and performance by Purchaser of this Agreement have been duly authorized by all necessary action on the part of Purchaser. This Agreement has been duly executed and delivered by Purchaser and constitutes the legal, valid and binding obligation of Purchaser, enforceable against it in accordance with its terms.
Authorization and Enforceability of this Agreement. This Agreement has been duly authorized, executed and delivered by or on behalf of the Company and each Guarantor and, assuming due authorization, execution and delivery thereof by each Purchaser, this Agreement constitutes the legal, valid and binding obligation of the Company and each Guarantor, enforceable against the Company and each Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance or transfer, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and to general principles of equity, including principles of materiality, commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity) and except that rights to indemnification and contribution hereunder may be limited by federal or state securities laws or public policy relating thereto.
Authorization and Enforceability of this Agreement. This Agreement has been duly authorized, executed and delivered by such Purchaser and, assuming due authorization, execution and delivery thereof by the Company and the Guarantors, this Agreement constitutes a legally valid and binding agreement of such Purchaser, enforceable against the Purchaser in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance or transfer, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and to general principles of equity, including principles of materiality, commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity).
Authorization and Enforceability of this Agreement. This Agreement is duly executed and delivered by each of XM Satellite, the Guarantors and Parent and this Agreement constitutes a legal, valid and binding obligation of XM Satellite, the Guarantors and Parent, enforceable against each of them in accordance with its terms, subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally and to the effect of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
