Common use of Necessary Authority Clause in Contracts

Necessary Authority. Purchaser has full power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. This Agreement and the other Transaction Documents to which Purchaser is a party have been duly authorized, executed and delivered by Purchaser and constitute the legal, valid and binding obligations of Purchaser, enforceable against Purchaser in accordance with their respective terms and conditions, subject only to applicable bankruptcy, insolvency or other Laws affecting creditors’ rights generally and the exercise of judicial discretion in accordance with general equitable principles. Any individual executing this Agreement and any Transaction Document to which Purchaser is a party on behalf of Purchaser has the full right, power and authority to execute and deliver this Agreement and any such Transaction Document, and upon execution, no further action will be needed to make this Agreement valid and binding upon, and enforceable against, Purchaser.

Necessary Authority. Purchaser has full power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement and the other Transaction Documents to which Purchaser is a party have been duly authorized, executed and delivered by Purchaser Purchaser, and constitute the legal, valid valid, and binding obligations of Purchaser, Purchaser enforceable against Purchaser each in accordance with their respective its terms and conditions, subject only to applicable bankruptcy, insolvency or other Laws affecting creditors’ rights generally and the exercise of judicial discretion in accordance with general equitable principles. Any individual The individual(s) executing this Agreement and any Transaction Document to which Purchaser is a party party, on behalf of Purchaser has Purchaser, have the full right, power and authority to execute and deliver this Agreement and any such Transaction DocumentDocument to which Purchaser is a party, and upon execution, no further action will be needed to make this Agreement and any Transaction Document to which Purchaser is a party valid and binding upon, and enforceable against, Purchaser.

Necessary Authority. The Purchaser has full power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement and the other Transaction Documents to which the Purchaser is a party have been duly authorized, executed and delivered by Purchaser such Person and constitute the legal, valid and binding obligations of Purchaser, such Person enforceable against Purchaser such Person in accordance with their respective its terms and conditions, subject only to applicable bankruptcy, insolvency or other Laws affecting creditors’ rights generally and the exercise of judicial discretion in accordance with general equitable principles. Any individual The individual(s) executing this Agreement and any Transaction Document to which the Purchaser is a party on behalf of Purchaser party, has the full right, power and authority to execute and deliver this Agreement and any Transaction Document to which such Transaction DocumentPerson is a party, and upon execution, no further action will be needed to make this Agreement and any Transaction Document to which such Person is a party valid and binding upon, and enforceable against, Purchasersuch Person.

Necessary Authority. The Purchaser has full power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and therebyContemplated Transactions. This Agreement and the other Transaction Documents to which the Purchaser is a party have been duly authorized, executed and delivered by Purchaser such Person and constitute the legal, valid and binding obligations of Purchaser, such Person enforceable against Purchaser such Person in accordance with their respective its terms and conditions, subject only to applicable bankruptcy, insolvency or other Laws affecting creditors’ rights generally and the exercise of judicial discretion in accordance with general equitable principles. Any individual The individual(s) executing this Agreement and any Transaction Document to which the Purchaser is a party on behalf of Purchaser party, has the full right, power and authority to execute and deliver this Agreement and any Transaction Document to which such Transaction DocumentPerson is a party, and upon execution, no further action will be needed to make this Agreement and any Transaction Document to which such Person is a party valid and binding upon, and enforceable against, Purchasersuch Person. Information marked “[***]” has been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K because it (i) is not material and (ii) is the type of information the registrant treats as private or confidential.

Necessary Authority. Purchaser has full power and authority to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement and the other Transaction Documents to which Purchaser is a party have been duly authorized, executed and delivered by Purchaser and constitute the legal, valid valid, and binding obligations of Purchaser, Purchaser enforceable against Purchaser each in accordance with their respective its terms and conditions, subject only to applicable bankruptcy, insolvency or other Laws affecting creditors’ rights generally and the exercise of judicial discretion in accordance with general equitable principles. Any individual The individual(s) executing this Agreement and any Transaction Document to which Purchaser is a party party, on behalf of Purchaser has have the full right, power and authority to execute and deliver this Agreement and any such Transaction DocumentDocument to which Purchaser is a party, and upon execution, no further action will be needed to make this Agreement and any Transaction Document to which Purchaser is a party valid and binding upon, and enforceable against, Purchaser.