Common use of Authorization, Validity and Effect Clause in Contracts

Authorization, Validity and Effect. Seller has all requisite power and authority to execute, deliver and perform his obligations under this Agreement and all agreements and documents contemplated hereby to be executed and delivered by him, and to consummate the transactions contemplated hereby and thereby. This Agreement has been duly and validly executed and delivered by Seller and represents the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, except as limited by (i) applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws affecting the enforcement of creditors’ rights generally from time to time in effect and (ii) the availability of equitable remedies (regardless of whether enforceability is considered in a proceeding at law or in equity).

Authorization, Validity and Effect. Seller has all requisite power and authority to execute, deliver enter into and perform his its obligations under this Agreement and all agreements and documents contemplated hereby to be executed and delivered by him, and to consummate the the; transactions contemplated hereby and thereby. This , and this Agreement has been and such other agreements and documents have been, or will be, duly and validly executed and delivered by Seller pursuant to all necessary authorization and represents are, or will, when delivered, be the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, except as limited by (ia) applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws affecting the enforcement of creditors’ ' rights generally from time to time in effect and (iib) the availability of equitable remedies (regardless of whether enforceability is considered in a proceeding at law or in equity).

Authorization, Validity and Effect. Seller has all requisite corporate power and authority to execute, deliver enter into and perform his its obligations under this Agreement and all agreements and documents contemplated hereby to be executed and delivered by him, and to consummate the transactions contemplated hereby hereby. The execution and therebydelivery of this Agreement by Seller has been duly authorized by all necessary corporate action on the part of Seller. This Agreement has been duly and validly executed and delivered by Seller and represents is the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, except as limited by (ia) applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws Laws affecting the enforcement of creditors’ ' rights generally from time to time in effect and (iib) the availability of equitable remedies (regardless of whether enforceability is considered in a proceeding at law Law or in equity).