Common use of Corporate Action; Binding Effect Clause in Contracts

Corporate Action; Binding Effect. Purchaser has duly and properly taken all action required by law, its articles of incorporation, its bylaws, or otherwise, to authorize the execution, delivery, and performance by it of this Agreement and the other instruments to be executed by it pursuant hereto and the consummation of the transactions contemplated hereby and thereby. This Agreement has been duly executed and delivered by Purchaser and constitutes, and the other instruments contemplated hereby when duly executed and delivered by Purchaser will constitute, legal, valid, and binding obligations of Purchaser enforceable against it in accordance with their respective terms, except as enforcement may be affected by bankruptcy, insolvency, or other similar laws and by general principles of equity.

Corporate Action; Binding Effect. Purchaser Each Seller has duly and properly taken all action required by law, its articles of incorporation, its bylawsorganizational documents, or otherwise, to authorize the execution, delivery, and performance by it of this Agreement and the other instruments to be executed and delivered by it pursuant hereto and the consummation of the transactions contemplated hereby and thereby. This Agreement has been duly executed and delivered by Purchaser each Seller and constitutes, and the other instruments contemplated hereby when duly executed and delivered by Purchaser each Seller will constitute, legal, valid, and binding obligations of Purchaser such Seller enforceable against it in accordance with their respective terms, except as enforcement may be affected by bankruptcy, insolvency, or other similar laws and by general principles of equity.

Corporate Action; Binding Effect. Purchaser Seller has duly and properly taken all action required by law, its articles of incorporation, its bylawsorganizational documents, or otherwise, to authorize the execution, delivery, and performance by it of this Agreement and the other instruments to be executed and delivered by it pursuant hereto and the consummation of the transactions contemplated hereby and thereby. This Agreement has been duly executed and delivered by Purchaser Seller and constitutes, and the other instruments contemplated hereby when duly executed and delivered by Purchaser Seller will constitute, legal, valid, and binding obligations of Purchaser Seller enforceable against it in accordance with their respective terms, except as enforcement may be affected by bankruptcy, insolvency, or other similar laws and by general principles of equityequity as applied by a court of competent jurisdiction.

Corporate Action; Binding Effect. Purchaser has duly and properly taken all action required by law, its articles of incorporation, its bylaws, or otherwise, to authorize the execution, delivery, and performance by it of this Agreement and the other instruments to be executed by it pursuant hereto and the consummation of the transactions contemplated hereby and thereby. This Agreement has been duly executed and delivered by Purchaser and constitutes, and the other instruments contemplated hereby when duly executed and delivered by Purchaser will constitute, legal, valid, and binding obligations of Purchaser enforceable against it in accordance with their respective terms, except as enforcement may be affected by bankruptcy, insolvency, or other similar laws and by general principles of equityequity as applied by a court of competent jurisdiction.