Common use of Authorization; No Breach; Vxxxx and Binding Agreement Clause in Contracts

Authorization; No Breach; Vxxxx and Binding Agreement. (a) With respect to Sponsor only, (i) Sponsor has all requisite limited liability company power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby; (ii) the execution, delivery and performance of this Agreement by Sponsor, and the consummation of the transactions contemplated hereby, have been duly and validly authorized by all requisite limited liability company action on the part of Sponsor; and (iii) no other corporate actions or proceedings on the part of Sponsor are necessary to authorize the execution, delivery or performance of this Agreement or to consummate the transactions contemplated hereby.

Authorization; No Breach; Vxxxx and Binding Agreement. (a) With respect to Sponsor only, (i) Sponsor has all requisite limited liability company power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby; (ii) the . The execution, delivery and performance of this Agreement by SponsorSxxxxxx, and the consummation of the transactions contemplated hereby, have been duly and validly authorized by all requisite limited liability company corporate action on the part of Sponsor; and (iii) no . No other corporate actions or proceedings on the part of Sponsor are necessary to authorize the execution, delivery or performance of this Agreement or to consummate the transactions contemplated hereby.