Common use of Representation of the Parties Clause in Contracts

Representation of the Parties. (a) Executive represents and warrants to Employer that Executive has the capacity to enter into this Agreement and the other agreements or instruments referred to herein, and that the execution, delivery and performance of this Agreement and such other agreements or instruments by Executive will not violate any agreement, undertaking or covenant to which Executive is party or is otherwise bound. (b) ASLP represents to Executive that it is a limited partnership, duly organized and validly existing under the laws of the State of Delaware. Each of Group and the Company represents to Executive that it is a limited liability company, duly organized and validly existing under the laws of the State of Delaware. Each of ASLP, Group and the Company represents to Executive that it is fully authorized and empowered by action of the Board to enter into this Agreement and the other agreements or instruments referred to herein, and that performance of its obligations under this Agreement and such other agreements or instruments will not violate any agreement between it and any other person, firm or other entity.