Transactions Legal and Authorized Sample Clauses

Transactions Legal and Authorized. The transfer by the Seller of all of its right, title and interest in and to each item of Equipment and each Lease (including the right to receive all payments due or to become due thereunder) and compliance by the Seller with all of the provisions of this Sales and Servicing Agreement:
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Transactions Legal and Authorized. The contribution and transfer by the Seller of all of its right, title and interest in and to the Leases and of the covenants, representations, warranties and obligations of the Originator (including the Originator's Purchase Obligation) under this Assignment and Servicing Agreement, the grant of the security interest by the Seller to the Issuer in and to each item of Equipment and compliance by the Seller with all of the provisions of this Assignment and Servicing Agreement:
Transactions Legal and Authorized. The execution, delivery and performance of this Agreement, the Collateral Documents and the other instruments and documents related thereto have been duly authorized by appropriate corporate action of the Borrower, and the execution, delivery and performance of this Agreement, the Collateral Documents and other instruments related thereto are not in contravention of its Articles of Organization/Incorporation or Operating Agreement/By-Laws, as applicable, or of the terms of any indenture, agreement or undertaking to which Borrower is a party or by which it is bound.
Transactions Legal and Authorized. This Agreement and all other documents delivered in connection herewith and the assignment, transfer and contribution by the Contributor to the Transferor of all of the Contributor's right, title and interest in and to each Contract and a security interest in each item of Equipment at any time transferred hereunder and compliance by the Contributor and the Servicer with all of the provisions of this Agreement:
Transactions Legal and Authorized. This Agreement and all other documents delivered in connection herewith and the assignment, transfer and contribution of all right, title and interest in and to each Contract and a security interest in each item of Equipment at any time transferred hereunder and under the Sale Agreement and compliance by the Contributor and the Servicer with all of the provisions of this Agreement and the Sale Agreement:
Transactions Legal and Authorized. The sale of the Notes by the Company, the purchase of the Leases (including the right to receive all payments due or to become due thereunder) and the acquisition of the interests in the Equipment pursuant to the Sales and Servicing Agreement, the granting of the Liens created by the Indenture, and compliance by the Company with all of the provisions of this Indenture, the Sales and Servicing Agreement and the Notes:
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Transactions Legal and Authorized. The execution, delivery and performance of the Loan Documents and the other instruments and documents related thereto have been duly authorized by appropriate company action of the Borrower, and the execution, delivery and performance of the Loan Documents and other instruments related thereto are not in contravention of its Articles of Incorporation and Bylaws or of the terms of any indenture, agreement or undertaking to which Borrower is a party or by which it is bound.
Transactions Legal and Authorized. The issuance and sale of the Notes and compliance by the Related Parties with all the provisions of the Note Documents are within the corporate powers of the Related Party executing the same. This Agreement has been duly authorized, executed and delivered by and is the legal, valid and binding obligation of the Company, enforceable in accordance with its terms. The other Note Documents have been duly authorized by each of the Related Parties executing the same and, when executed and delivered by such Related Parties in accordance with this Agreement, will be legal, valid and binding obligations of such Related Parties, enforceable in accordance with their respective terms. The foregoing representations in this Section 4.3 are subject to bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect generally relating to or affecting creditors’ rights.
Transactions Legal and Authorized. The execution, delivery and performance of this Agreement and all documents entered into related thereto, including, but not limited to, the Note (collectively, the “Loan Documents”) have been duly authorized by all necessary action of Borrower.
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