Common use of Authorization of Custody Agreement Clause in Contracts

Authorization of Custody Agreement. Each Power of Attorney and Custody Agreement has been duly authorized, executed and delivered by the respective Selling Shareholders named therein and constitutes the valid and binding agreement of such Selling Shareholder.

Authorization of Custody Agreement. Each The Power of Attorney and related Custody Agreement (the “Custody Agreement”) with respect to each Selling Shareholder has been duly authorized, executed and delivered by the respective such Selling Shareholders named therein Shareholder and constitutes the a legal, valid and binding agreement of each such Selling ShareholderShareholder enforceable against each such Selling Shareholder in accordance with their terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally, and by general principles of equity.