Common use of Authorization; Binding Nature of Agreement Clause in Contracts

Authorization; Binding Nature of Agreement. Corporation has all necessary power and authority to enter into and perform its obligations under this Agreement, and the execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of Corporation and its officers, directors and shareholders. No authorization, consent or approval of or filing with any governmental authority or any other person is required to be obtained or made by Corporation in connection with the execution, delivery or performance of this Agreement.

Authorization; Binding Nature of Agreement. Corporation has all necessary power and authority to enter into and perform its obligations under this Agreement, and the execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of Corporation and its officers, directors officers and shareholdersdirectors. No authorization, consent or approval of or filing with any governmental authority or any other person is required to be obtained or made by Corporation in connection with the execution, delivery or performance of this Agreement.