Common use of Power and Authority of the Seller Clause in Contracts

Power and Authority of the Seller. The Seller has the power and --------------------------------- authority to execute and deliver this Agreement and to perform its obligations under this Agreement and each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Transferor, and the Seller has duly authorized such sale and assignment to the Transferor by all necessary limited liability company action, and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party and of each Subsequent Transfer Agreement has been duly authorized by the Seller by all necessary limited liability company action.

Power and Authority of the Seller. The Seller has the power and --------------------------------- authority to execute and deliver this Agreement and to perform its obligations under this Agreement and each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Transferor, and the Seller has duly authorized such sale and assignment to the Transferor by all necessary limited liability company action, and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party and of each Subsequent Transfer Agreement has been duly authorized by the Seller by all necessary limited liability company action.

Power and Authority of the Seller. The Seller has the power and --------------------------------- authority to execute and deliver this Agreement and to perform its obligations under this Agreement and each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Transferor, and the Seller has duly authorized such sale and assignment to the Transferor by all necessary limited liability company action, and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party and of each Subsequent Transfer Agreement has been duly authorized by the Seller by all necessary limited liability company action.

Power and Authority of the Seller. The Seller has the power and --------------------------------- authority to execute and deliver this Agreement and to perform its obligations under this Agreement and each of the Basic Documents to which the Seller is a party; the Seller has full power and authority to sell and assign the property to be sold and assigned to and deposited with the Transferor, and the Seller has duly authorized such sale and assignment to the Transferor by all necessary limited liability company action, and the execution, delivery and performance of each of the Basic Documents to which the Seller is a party and of each Subsequent Transfer Agreement has been duly authorized by the Seller by all necessary limited liability company action.