Legal and Binding Obligation. The execution, delivery and performance of this Agreement by Seller have been duly authorized by all necessary corporate action, and do not require any stockholder approval or approval or consent of, or notice to, any trustee or holders of indebtedness or obligations of Seller; upon due execution and delivery by the parties hereto, this Agreement will constitute the legal, valid and binding obligation of Seller, enforceable in accordance with its terms.
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Samples: Loan Purchase Agreement, Loan Purchase Agreement (Higher Education Funding I), Loan Purchase Agreement (Higher Education Funding I)
Legal and Binding Obligation. The execution, delivery and performance of this Agreement by Seller have been duly authorized by all necessary corporate action, and do not require any stockholder approval or approval or consent of, of or notice to, any trustee or holders of indebtedness or obligations of Seller; upon due execution and delivery by the parties hereto, this Agreement will constitute the legal, valid and binding obligation of Seller, enforceable in accordance with its terms.
Appears in 3 contracts
Samples: Loan Purchase Agreement (Nelnet Inc), Loan Sale and Commitment Agreement (Union Financial Services I Inc), Loan Sale and Commitment Agreement (Union Financial Services I Inc)
Legal and Binding Obligation. The execution, delivery and performance of this Agreement by Seller have been duly authorized by all necessary corporate action, and do not require any stockholder approval or approval or consent of, of or notice to, any trustee or to holders of indebtedness or obligations of Seller; , upon due execution and delivery by the parties hereto, this Agreement will constitute the legal, valid and binding obligation of Seller, enforceable in accordance with its terms.
Appears in 1 contract
