Common use of Execution, Delivery and Performance of Agreement; Authority Clause in Contracts

Execution, Delivery and Performance of Agreement; Authority. The execution, delivery and performance of this Agreement by Buyer has been or will be on or before the Closing Date, duly authorized by all necessary action of the Buyer’s governing authority. This Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with the terms hereof.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement

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Execution, Delivery and Performance of Agreement; Authority. The execution, delivery and performance of this Agreement by Buyer Xxxxx has been or will be on or before the Closing Date, duly authorized by all necessary action of the Buyer’s governing authority. This Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with the terms hereof.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement

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Execution, Delivery and Performance of Agreement; Authority. The execution, delivery and performance of this Agreement by Buyer (i) is within the powers of Buyer as a municipal corporation, and (ii) has been or will be on or before the Closing Date, duly authorized by all necessary action of the Buyer’s governing authority. This Agreement constitutes the legal, valid and binding obligation of Buyer enforceable against Buyer in accordance with the terms hereof.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement

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