Common use of Authorization of the Agreement Clause in Contracts

Authorization of the Agreement. This Agreement has been duly authorized, executed and delivered by the Company and, assuming due authorization, execution and delivery by all the Purchasers, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject as to enforcement to bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditors’ rights generally and to general equity principles (the "Enforceability Exceptions").

Authorization of the Agreement. This Agreement has been duly authorized, executed and delivered by the Company andby, assuming due authorization, execution and delivery by all the Purchasers, constitutes is a valid and legally binding obligation of agreement of, the Company, enforceable in accordance with its terms, subject except as rights to indemnification hereunder may be limited by applicable law and except as the enforcement to hereof may be limited by bankruptcy, insolvency, reorganization and reorganization, moratorium or other similar laws of general applicability relating to or affecting creditors’ the rights generally and to remedies of creditors or by general equity principles (the "Enforceability Exceptions")equitable principles.