Common use of Partnership Authorization Clause in Contracts

Partnership Authorization. The execution, delivery and performance by Buyer of this Agreement and the consummation of the Transactions are within the partnership powers of Buyer and have been duly authorized by all necessary partnership action. This Agreement constitutes a valid and binding agreement of Buyer enforceable against Buyer in accordance with its terms except (i) to the extent enforceability may be limited by bankruptcy laws, insolvency laws, reorganization laws, moratorium laws or other laws affecting creditors rights generally and (ii) to the extent enforceability may be limited by general equity principles.

Partnership Authorization. The execution, delivery delivery, and performance by Buyer of this Agreement and the consummation of the Transactions are within the partnership powers of Buyer and have by Purchaser has been duly and validly authorized in a manner required by all necessary partnership actionits organizational documents. This Agreement constitutes is a valid and binding agreement obligation of Buyer Purchaser and is enforceable against Buyer in accordance with Purchaser according to its terms terms, except (i) to as the extent enforceability same may be restricted, limited or delayed by applicable bankruptcy laws, insolvency laws, reorganization laws, moratorium laws or other similar laws affecting creditors rights generally and (ii) to the extent enforceability may be limited by general equity equitable principles.

Partnership Authorization. The execution, delivery delivery, and performance by Buyer of this Agreement and the consummation of the Transactions are within the partnership powers of Buyer and have by Purchaser has been duly and validly authorized in a manner required by all necessary partnership actionits organizational documents. This Agreement constitutes is a valid and binding agreement obligation of Buyer Purchaser and is enforceable against Buyer in accordance with Purchaser according to its terms terms, except (i) to as the extent enforceability same may be restricted, limited or delayed by applicable bankruptcy laws, insolvency laws, reorganization laws, moratorium laws or other similar laws affecting creditors creditors' rights generally and (ii) to the extent enforceability may be limited by general equity equitable principles.