Common use of Rights to Make Agreement Clause in Contracts

Rights to Make Agreement. Each party warrants, with respect to itself, that neither the execution of this Agreement nor the finalization of the transactions contemplated hereby shall violate any provision of law or judgment, writ, injunction, order or decree of any court or governmental authority having jurisdiction over it; result in or constitute a breach or default under any indenture, contract, other commitment or restriction to which it is a party or by which it is bound; or require any consent, vote or approval which has not been given or taken. Each party covenants that it has and will continue to have throughout the term of this Agreement and any extensions thereof, the full right to enter into this Agreement and perform its obligations hereunder.

Appears in 26 contracts

Samples: Master Agreement (Sotherly Hotels Lp), Master Project Management Agreement (Ashford Inc.), Hotel Master Management Agreement (Ashford Inc.)

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