Common use of Authorization of Merger and Related Transactions Clause in Contracts

Authorization of Merger and Related Transactions. (a) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and Bancorporation, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and Bancorporation, enforceable against Sterling and Bancorporation in accordance with its terms except as such enforcement may be limited by the Remedies Exception.

Authorization of Merger and Related Transactions. (a) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and BancorporationSterling, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and BancorporationSterling, enforceable against Sterling and Bancorporation in accordance with its terms except as such enforcement may be limited by the Remedies Exception.

Authorization of Merger and Related Transactions. (a) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and BancorporationMerger Sub, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and BancorporationMerger Sub, enforceable against Sterling and Bancorporation Merger Sub in accordance with its terms except as such enforcement may be limited by the Remedies Exception.

Authorization of Merger and Related Transactions. (a) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and BancorporationMerger Subsidiary, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and BancorporationMerger Subsidiary, enforceable against Sterling and Bancorporation Merger Subsidiary in accordance with its terms except as such enforcement may be limited by the Remedies Exception.

Authorization of Merger and Related Transactions. (a) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and BancorporationMerger Sub, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and BancorporationMerger Sub, enforceable against Sterling and Bancorporation each of them in accordance with its terms except as such enforcement may be limited by the Remedies Exception.

Authorization of Merger and Related Transactions. (a51) The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate action in respect thereof on the part of each of Sterling and Bancorporation, to the extent required by applicable law. This Agreement represents a valid and legally binding obligation of each of Sterling and Bancorporation, enforceable against Sterling and Bancorporation in accordance with its terms except as such enforcement may be limited by the Remedies Exception.