Common use of Execution and Effect of Agreement Clause in Contracts

Execution and Effect of Agreement. The Company has the power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered and the transactions contemplated hereby have been duly authorized by its corporate bodies.

Execution and Effect of Agreement. The Company has the full right, power and authority to execute enter into and deliver perform this Agreement and to perform its obligations hereunderAgreement. This Agreement has been duly authorized, executed and delivered by the Company, and is a legal, valid and binding obligation of the transactions contemplated hereby have been duly authorized by Company, enforceable in accordance with its corporate bodiesterms.

Execution and Effect of Agreement. The Each Company has the requisite power and authority to execute and deliver this Agreement enter into and to perform its obligations hereunder. This under this Agreement has been duly executed and delivered and the transactions contemplated hereby have other Transaction Documents to which it is a party; and the execution, delivery and performance hereof and thereof by each Company has been duly authorized by all necessary action on the part of such Company, its corporate bodiesBoard of Directors, officers and stockholders. This Agreement constitutes the legal, valid and binding obligation of each Company, enforceable against each Company in accordance with its terms, subject to the Bankruptcy and Equity Exceptions.

Execution and Effect of Agreement. The Company has the corporate power and authority to execute and deliver enter into this Agreement and Agreement, to perform its obligations hereunderhereunder and to consummate the transactions contemplated hereby. This The execution and delivery of this Agreement has been duly executed by the Company and delivered and the consummation by the Company of the transactions contemplated hereby have been duly authorized by its all necessary corporate bodies.action on the part of the Company, and no other proceeding on the part of the Company is necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated