Common use of Authorization; Valid Agreement Clause in Contracts

Authorization; Valid Agreement. OneMain Financial has the power and authority to execute and deliver this Support Agreement and to carry out its terms. The execution and delivery of, and performance of its obligations under, this Support Agreement have been duly authorized by all required corporate or other action on the part of OneMain Financial, and this Support Agreement constitutes the legal, valid and binding obligation of OneMain Financial, enforceable in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws and by general equitable principles.

Appears in 2 contracts

Samples: Performance Support Agreement (OneMain Financial Holdings, Inc.), Performance Support Agreement (OneMain Financial Holdings, Inc.)

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Authorization; Valid Agreement. OneMain Financial Holdings has the power and authority to execute and deliver this Support Agreement and to carry out its terms. The execution and delivery of, and performance of its obligations under, this Support Agreement have been duly authorized by all required corporate or other action on the part of OneMain FinancialFinancial Holdings, and this Support Agreement constitutes the legal, valid and binding obligation of OneMain FinancialFinancial Holdings, enforceable in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws and by general equitable principles.

Appears in 1 contract

Samples: Performance Support Agreement (OneMain Financial Holdings, Inc.)

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Authorization; Valid Agreement. OneMain Financial has the power and authority to execute and deliver this Support Agreement and to carry out its terms. The execution and delivery of, and performance of its obligations under, this Support Agreement have been duly authorized by all required corporate or other action on the part of OneMain FinancialFinancial Holdings, and this Support Agreement constitutes the legal, valid and binding obligation of OneMain Financial, enforceable in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws and by general equitable principles.

Appears in 1 contract

Samples: Performance Support Agreement (OneMain Financial Holdings, Inc.)

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