Common use of Authorization to Enter into Agreement Clause in Contracts

Authorization to Enter into Agreement. All action required by Optionor’s organizational documents has been taken by Optionor in connection with the entering into this Agreement, the instruments referenced herein, and the consummation of the transaction contemplated hereby. No additional consent or approval is required in order for Optionor to perform its obligations hereunder;

Authorization to Enter into Agreement. All action required by OptionorOptionee’s organizational documents has been taken by Optionor Optionee in connection with the entering into this Agreement, the instruments referenced herein, and the consummation of the transaction contemplated hereby. No additional consent or approval is required in order for Optionor Optionee to perform its obligations hereunder;