Common use of Capacity and Authority Clause in Contracts

Capacity and Authority. Buyer has the right, power and authority, and has taken all action necessary, to execute, deliver and exercise its rights, and perform its obligations, under this Agreement and each other Specified Agreement to which it is party at or before Closing. Buyer’s obligations under this Agreement and each other Specified Agreement to which it is party at or before Closing are, or when the relevant document is executed will be, valid, binding and enforceable in accordance with their respective terms.

Capacity and Authority. Buyer The Buyer: (a) has the right, power and authority, authority to enter into and perform its obligations under each Transaction Document to be entered into by it on or after the date of this Agreement; and (b) has taken all necessary corporate or other action necessary, to execute, deliver and exercise its rightsauthorise the execution of, and perform performance by it of its obligations, under this Agreement and each other Specified Agreement to which it is party at or before Closing. Buyer’s obligations under this Agreement and each other Specified Agreement to which it is party at or before Closing are, or when the relevant document is executed will be, valid, binding and enforceable in accordance with their respective termsTransaction Document.

Capacity and Authority. Buyer has the right, power power, legal capacity and authority, and has taken all action necessary, authority to execute, deliver and exercise its rightsenter into, and perform its obligationsobligations under, under this Agreement and each other Specified Agreement to which it is the party at or before Closing. Buyer’s obligations under executing and delivering this Agreement and each other Specified Agreement on behalf of the Buyer is authorized to which it is party at or before Closing are, or when the relevant document is executed will be, valid, binding and enforceable in accordance with their respective termsdo so.

Capacity and Authority. Buyer The Buyer: (a) has the right, power and authority, and has taken all action necessary, to execute, deliver and exercise its rights, enter into and perform its obligations, under this Agreement and each other Specified Agreement to which it is party at or before Closing. Buyer’s obligations under this Agreement each Transaction Document to be entered into by it on or after the Signing Date; and (b) has taken all necessary corporate or other action to authorise the execution of, and performance by it of its obligations under each other Specified Agreement to which it is party at or before Closing are, or when the relevant document is executed will be, valid, binding and enforceable in accordance with their respective termsTransaction Document.