Common use of Authorization of Securities Clause in Contracts

Authorization of Securities. At the Closing Time the Securities will have been duly authorized and, when executed and authenticated in accordance with the provisions of the Indenture and delivered to the Underwriters against payment of the consideration set forth in this Agreement, will be entitled to the benefits of the Indenture, and will constitute valid and binding obligations of the Company enforceable against it in accordance with their terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions.

Authorization of Securities. At the Closing Time and at each Date of Delivery, if applicable, the Securities will have been duly authorized and, when executed and authenticated in accordance with the provisions of the Indenture and delivered to the Underwriters against payment of the consideration set forth in this Agreement, will be entitled to the benefits of the Indenture, and will constitute valid and binding obligations of the Company enforceable against it in accordance with their terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions.

Authorization of Securities. At the Closing Time Time, the Securities will have been duly authorized and, when executed and authenticated in accordance with the provisions of the Indenture and delivered to the Underwriters against payment of the consideration set forth in this Agreement, will be entitled to the benefits of the Indenture, and will constitute valid and binding obligations of the Company enforceable against it in accordance with their terms, except to the extent that enforcement thereof may be limited by the Bankruptcy Exceptions.

Authorization of Securities. At The Securities have been duly authorized by the Company and, at the Closing Time the Securities Time, will have been duly authorized executed by the Company and, when executed authenticated, issued and authenticated delivered in accordance with the provisions of manner provided for in the Indenture and delivered to the Underwriters against payment of the consideration set forth paid for as provided in this Agreement, will be entitled to the benefits of the Indentureconstitute valid, and will constitute valid legal and binding obligations of the Company Company, enforceable against it the Company in accordance with their terms, except to the extent that enforcement thereof enforceability may be limited by the Bankruptcy ExceptionsEnforceability Exceptions; the Securities will be in the form contemplated by, and will be entitled to the benefits of, the Indenture.