Common use of Authorization of Transaction; Binding Effect Clause in Contracts

Authorization of Transaction; Binding Effect. (a) Buyer has full organizational power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer and the performance by Buyer of its obligations hereunder and thereunder have been duly authorized by all requisite organizational action.

Authorization of Transaction; Binding Effect. (a) Buyer has full corporate or other organizational power and authority to carry on its business as is presently currently conducted, to execute and deliver this Agreement and the Ancillary Documents other documents contemplated hereby to which it is a party and to perform its obligations hereunder and thereunder. The execution and delivery by Buyer of this Agreement and the Ancillary Documents other documents contemplated hereby to which it is a party by Buyer and the performance by Buyer of its obligations hereunder and thereunder have been duly authorized by all requisite corporate or other organizational action.

Authorization of Transaction; Binding Effect. (a) Buyer has full organizational corporate or limited liability company power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Documents to which it is a party and to perform its obligations hereunder and thereunderhereunder. The execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer and the performance by Buyer of its obligations hereunder and thereunder have been duly authorized by all requisite organizational corporate or limited liability company action.

Authorization of Transaction; Binding Effect. (a) Buyer Such Seller has full organizational the power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Documents to which it is a party and to perform his, her or its obligations hereunder and thereunder. The In the case of an entity, the execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer such Seller and the performance by Buyer such Seller of its obligations hereunder and thereunder have been duly authorized by all requisite organizational partnership, limited liability company or corporate action, as applicable.

Authorization of Transaction; Binding Effect. (a) Buyer The Seller has full organizational the power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer and the performance by Buyer the Seller of its obligations hereunder and thereunder have been duly authorized by all requisite organizational trustee action.

Authorization of Transaction; Binding Effect. (a) Buyer has full organizational power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the each Ancillary Documents Agreement to which it Buyer is or will be a party and party, to perform its obligations hereunder and thereunderthereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the each Ancillary Documents Agreement to which it Xxxxx is or will be a party by Buyer and the performance by Buyer Xxxxx of its obligations hereunder and thereunder have been duly authorized by all requisite organizational action.

Authorization of Transaction; Binding Effect. (a) Buyer has full organizational power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Documents to which it is a party and to perform its obligations hereunder and thereunderhereunder. The execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer and the performance by Buyer of its obligations hereunder and thereunder have been duly authorized by all requisite organizational action.

Authorization of Transaction; Binding Effect. (a) Buyer has full organizational power and authority to carry on its business as is presently conducted, to execute and deliver this Agreement and the Ancillary Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution and delivery of this Agreement and the Ancillary Documents to which it is a party by Buyer and the performance by Buyer of its obligations hereunder and thereunder have been duly authorized by all requisite organizational action.