Common use of Execution and Effect of Agreement Clause in Contracts

Execution and Effect of Agreement. The Buyer has the corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by the Buyer and the consummation by the Buyer of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Buyer, and no other corporate proceeding on the part of the Buyer is necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms, except as limited by the Enforceability Exceptions.

Execution and Effect of Agreement. The Buyer has the corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by the Buyer and the consummation by the Buyer of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Buyer, and no other corporate proceeding on the part of the Buyer is necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer and constitutes the legal, valid and binding obligation obligations of the Buyer, enforceable against the Buyer it in accordance with its terms, except as limited by the Enforceability Equity Exceptions.

Execution and Effect of Agreement. The Buyer Purchaser has the corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by the Buyer Purchaser and the consummation by the Buyer Purchaser of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the BuyerPurchaser, and no other corporate proceeding on the part of the Buyer Purchaser is necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer Purchaser and constitutes the legal, valid and binding obligation obligations of the BuyerPurchaser, enforceable against the Buyer it in accordance with its their respective terms, except as limited by the Enforceability Bankruptcy and Equity Exceptions.

Execution and Effect of Agreement. The Buyer Purchaser has the corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement by the Buyer Purchaser and the consummation by the Buyer Purchaser of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the BuyerPurchaser, and no other corporate proceeding on the part of the Buyer Purchaser is necessary to authorize the execution, delivery and performance of this Agreement and the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer Purchaser and constitutes the legal, valid and binding obligation of the BuyerPurchaser, enforceable against the Buyer it in accordance with its terms, except as limited by the Enforceability Bankruptcy and Equity Exceptions.