Common use of Authorization; Execution and Validity Clause in Contracts

Authorization; Execution and Validity. The execution, delivery and performance by Buyer of this Agreement and each of the Operative Documents to be delivered at the Closing by Buyer and the consummation by Buyer of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action. This Agreement and such Operative Documents have been or will be duly and validly executed and delivered by Buyer, constitute or will constitute a valid and binding obligation of Buyer and is or will be enforceable against Buyer in accordance with its respective terms.

Authorization; Execution and Validity. The execution, delivery and performance by Buyer Seller of this Agreement and each of the Operative Documents other agreements, documents and certificates to be delivered at the Closing (the "Operative Documents") by Buyer Seller and the consummation by Buyer Seller of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action. This Agreement and such Operative Documents have been or will be duly and validly executed and delivered by BuyerSeller, constitute or will constitute a valid and binding obligation of Buyer Seller and is are or will be enforceable against Buyer Seller in accordance with its respective terms.