Common use of Corporate Authorisation and Non-Contravention Clause in Contracts

Corporate Authorisation and Non-Contravention. This Agreement and each other document or instrument delivered or to be delivered in connection with this Agreement has been duly authorised by all necessary corporate action(s) of the Buyer and constitutes or will, when executed, constitute valid and binding obligations of the Buyer enforceable in accordance with its respective terms. The execution by the Buyer of this Agreement and each other document or instrument delivered or to be delivered in connection with it, and the performance by the Buyer of its obligations under this Agreement and the consummation of the transactions provided for in this Agreement, do not and will not result in a breach of any provision of the articles of association of the Buyer or of any applicable law, order, judgment or decree of any court or Governmental Authority or of any agreement to which the Buyer is bound. The Buyer is not required to obtain any authorisations, consents, approvals or exemptions by any Governmental Authority in connection with the entering into or performance of its obligations under this Agreement.

Corporate Authorisation and Non-Contravention. This Agreement and each other document or instrument delivered or to be delivered in connection with this Agreement has been duly authorised by all necessary corporate action(s) of the Buyer Seller and constitutes or will, when executed, constitute valid and binding obligations of the Buyer Seller enforceable in accordance with its respective terms. The execution by the Buyer Seller of this Agreement and each other document or instrument delivered or to be delivered in connection with it, and the performance by the Buyer Seller of its obligations under this Agreement and the consummation of the transactions provided for in this Agreement, do not and will not result in a breach of any provision of the articles of association of the Buyer Seller or a Subsidiary or of any applicable law, order, judgment or decree of any court or Governmental Authority governmental agency or of any agreement to which the Buyer Seller or a Subsidiary is bound. The Buyer is not required to obtain any authorisations, consents, approvals or exemptions by any Governmental Authority in connection with the entering into or performance of its obligations under this Agreement.