Due Authorization; Binding Obligation. It has full power and authority to execute and deliver the Contract and to perform its obligations hereunder, and the execution, delivery and performance of the Contract by it have been duly authorized by all necessary action on its part. This Contract has been duly executed and delivered by it and is such Party's legal, valid and binding obligation enforceable in accordance with its terms.
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Samples: Construction Contract, Construction and Maintenance Contract, Construction Contract
Due Authorization; Binding Obligation. It has full power and authority to execute and deliver the Contract and to perform its obligations hereunderhereunder and to carry out the transactions contemplated hereby, and the execution, delivery and performance of the Contract by it have been duly authorized by all necessary action on its part. This Contract has been duly executed and delivered by it and is such Party's legal, valid and binding obligation enforceable in accordance with its terms. It has taken all necessary corporate and other action under Applicable Laws and its constitutional documents to authorize the execution, delivery and performance of this Contract.
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