Common use of Authorization and Execution Clause in Contracts

Authorization and Execution. This Agreement (and all documents contemplated hereby) has been duly authorized by all necessary action on the part of Fee Owner, has been duly executed and delivered by Fee Owner, constitutes the valid and binding agreement of Fee Owner and is enforceable against Fee Owner in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting creditors’ rights generally or by the principles governing the availability of equitable remedies. The Person executing this Agreement on behalf of Fee Owner, for and on behalf of Fee Owner, has the authority to do so.

Authorization and Execution. This Agreement (and all documents contemplated hereby) has been duly authorized by all necessary action on the part of Fee Ownerthe Seller, has been duly executed and delivered by Fee Ownerthe Seller, constitutes the valid and binding agreement of Fee Owner the Seller and is enforceable against Fee Owner the Seller in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting creditors’ rights generally or by the principles governing the availability of equitable remedies. The Person executing this Agreement on behalf of Fee Ownerthe Seller, for and on behalf of Fee Ownerthe Seller, has the authority to do so.

Authorization and Execution. This Agreement (and all documents contemplated hereby) has been duly authorized by all necessary action on the part of Fee Interest Owner, has been duly executed and delivered by Fee Interest Owner, constitutes the valid and binding agreement of Fee Interest Owner and is enforceable against Fee Interest Owner in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting creditors’ rights generally or by the principles governing the availability of equitable remedies. The Person executing this Agreement on behalf of Fee Interest Owner, for and on behalf of Fee Interest Owner, has the authority to do sodo.