Common use of Representations and Warranties of Xxxxx Clause in Contracts

Representations and Warranties of Xxxxx. Xxxxx represents and warrants to the Shareholder that Xxxxx has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance by Xxxxx of this Agreement and the consummation by Xxxxx of the transactions contemplated hereby have been duly authorized by the Board of Directors of Xxxxx, and no other corporate action on the part of Xxxxx is necessary to authorize the execution, delivery or performance by Xxxxx of this Agreement and the consummation by Xxxxx of the transactions contemplated hereby. This Agreement has been duly executed and delivered by Xxxxx and is a valid and binding agreement of Xxxxx, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, moratorium or other similar laws relating to creditors' rights generally.