Common use of RGE Clause in Contracts

RGE. has full power and authority (corporate and otherwise) to execute, deliver and perform this Agreement (including execution, delivery and performance of the operative documents to which RGE is a party) and to consummate the transactions contemplated herein, subject to the conditions set forth in this Agreement. The execution and delivery by RGE of this Agreement and the operative documents, and the consummation of the transactions will not violate RGE’s organizational documents or other obligations, and no other corporate proceedings on the part of RGE are necessary with respect thereto and no additional consents or approvals other than those provided for herein are required. This Agreement has been duly and validly executed and delivered by RGE and constitutes the legal, valid and binding obligation of RGE enforceable against RGE in accordance with its terms except as the same may be limited by bankruptcy, insolvency, reorganization, arrangement, fraudulent conveyance, moratorium or other similar laws relating to or affecting the rights of creditors generally, or by general equitable principles (regardless of whether enforcement is considered in a proceeding at law or in equity). RGE shall take, and cause to be taken, all corporate action that is necessary for RGE to complete the actions to be completed by RGE pursuant to this Agreement.