Common use of Authorization; Valid Obligation Clause in Contracts

Authorization; Valid Obligation. All proceedings required to be taken by, or on behalf of the Corporation, to authorize the Corporation to make, deliver and carry out the terms of this Agreement will be duly taken prior to the Closing Date. No consent to the execution, delivery and performance of this Agreement will be required from any partner, board of directors, shareholder, creditor, investor, judicial or administrative body, governmental authority or other person, other than any such consent which already has been (or prior to the Closing will have been) unconditionally

Authorization; Valid Obligation. All proceedings required to be taken by, or on behalf of the Corporation, to authorize the Corporation to make, deliver and carry out the terms of this Agreement will be duly taken prior to the Closing Date. No consent to the execution, delivery and performance of this Agreement will be required from any partner, board of directors, shareholder, creditor, investor, judicial or administrative body, governmental authority or other person, other than any such consent which already has been (or prior to the Closing will have been) unconditionally26 34