Common use of Mutual Warranty Clause in Contracts

Mutual Warranty. Each party certifies and represents to the other party that as of the Effective Date, it has full power, right and authority to execute this Agreement, to fulfill all its rights and obligations herein.

Mutual Warranty. Each party certifies Party represents and represents warrants to the other party that as of the Effective Date, it has full power, the legal capacity and right and authority to execute this Agreement; that the signatory has the authority to bind the applicable organization; and when executed and delivered, to fulfill all this Agreement will constitute the legal, valid, and binding obligation of each Party, enforceable in accordance with its rights and obligations hereinterms.