Common use of Capacity; Authority; Validity Clause in Contracts

Capacity; Authority; Validity. Dealer has the power, authority and legal right to execute, deliver, and perform this Agreement and its obligations under it. The execution, delivery and performance of this Agreement by Dealer has been duly authorized by all necessary action, and this Agreement is enforceable against Dealer in accordance with its terms, except to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 4 contracts

Samples: Dealer Agreement, Dealer Agreement, Dealer Agreement

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Capacity; Authority; Validity. Dealer has the power, authority and legal right to execute, deliver, and perform this Agreement and its obligations under ithereunder. The execution, delivery and performance of this Agreement by Dealer has been duly authorized by all necessary action, and this Agreement is enforceable against Dealer in accordance with its terms, except to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors’ rights generally and by general equity principles.

Appears in 2 contracts

Samples: Dealer Agreement, Non Recourse

Capacity; Authority; Validity. Dealer has the power, authority and legal right to execute, deliver, and perform this Agreement and its obligations under itthe transactions contemplated hereunder. The execution, delivery and performance of this Agreement by Dealer has have been duly authorized by all necessary action, and this Agreement is enforceable against Dealer in accordance with its terms, except only to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors' rights generally and by general equity principles.

Appears in 2 contracts

Samples: Dealer Agreement, Dealer Agreement

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Capacity; Authority; Validity. Dealer has the power, authority authority, and legal right to execute, deliver, and perform this Agreement and its obligations under itobligations. The execution, delivery and performance of this Agreement by Dealer has been duly authorized by all necessary actionsanctions, and this Agreement is enforceable against Dealer in accordance with its termsteas, except to the extent such enforceability may be limited by bankruptcy, insolvency, reorganization, and other laws relating to or affecting creditors' rights generally and by general equity principles.

Appears in 1 contract

Samples: Finance That Merchant Services Agreement

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