Common use of Mutual Representations and Warranties of the Parties Clause in Contracts

Mutual Representations and Warranties of the Parties. Each Party represents and warrants to the other Party as of the Effective Date that: 8.1.1 it is duly organized, validly existing and in good standing under the Applicable Law of the jurisdiction of its incorporation and has all requisite corporate power and authority to enter into this Agreement and to perform its obligations, in each case, under this Agreement; 8.1.2 the execution of this Agreement and the performance by such Party of its obligations hereunder have been duly authorized; 8.1.3 this Agreement has been duly executed and delivered on behalf of such Party, and is valid, legally binding, and enforceable against such Party in accordance with its terms; 8.1.4 the performance of this Agreement by such Party does not create a breach or default under any other agreement to which it is a Party; 8.1.5 the execution, delivery, and performance of this Agreement by such Party does not conflict with any agreement, instrument, or understanding, oral or written, to which it is a party or by which it is bound, nor violate any Applicable Law or regulation of any Governmental Authority; and 8.1.6 it has obtained all necessary government authorizations, consents, approvals, licenses, exemptions of, or filings or registrations with Governmental Authorities, under any Applicable Law currently in effect, that are or will be necessary for the transactions contemplated by this Agreement or any other agreement or instrument executed in connection herewith, or for the performance by it of its obligations under this Agreement.

Mutual Representations and Warranties of the Parties. Each Party represents and warrants to the other Party as of the Effective Date that: 8.1.1 it 12.1.1 It is duly organized, validly existing existing, and in good standing under the Applicable Law of the jurisdiction of its incorporation and has all requisite corporate power and authority to enter into this Agreement and to perform its obligations, in each case, under this Agreement;. 8.1.2 the 12.1.2 The execution of this Agreement and the performance by such Party of its obligations hereunder have been duly authorized;authorized by all requisite corporate action and does not require any action or approval of equity holders. 8.1.3 this 12.1.3 This Agreement has been duly executed and delivered on behalf of such Party, and is valid, legally binding, and enforceable against such Party in accordance with its terms;. 8.1.4 the 12.1.4 The performance of this Agreement by such Party does not create a breach or default under any other agreement to which it is a Party;. 8.1.5 the 12.1.5 The execution, delivery, and performance of this Agreement by such Party does not conflict with any agreement, instrument, or understanding, oral or written, to which it is a party or by which it is bound, nor violate any Applicable Law or regulation of any Governmental Authority; and. 8.1.6 it 12.1.6 It has obtained all necessary government authorizations, consents, approvals, licenses, exemptions of, or filings or registrations with Governmental Authorities, under any Applicable Law currently in effect, that are or will be necessary for the transactions contemplated by this Agreement or any other agreement or instrument executed in connection herewith, or for the performance by it of its obligations under this Agreement.