Common use of Validity of Agreement; Authorization Clause in Contracts

Validity of Agreement; Authorization. The Buyer has the requisite power and authority to enter into the Transaction Documents to which it is a party, and to carry out its obligations thereunder. The execution and delivery of the Transaction Documents and the performance of the Buyer’s obligations thereunder have been duly authorized by the board of directors or similar governing body of the Buyer, and no other proceedings on the part of the Buyer are necessary to authorize such execution, delivery and performance. Each of the Transaction Documents to which the Buyer is a party has been duly executed and delivered by the Buyer and constitutes the Buyer’s valid and binding obligation, enforceable against the Buyer in accordance with its terms (except to the extent that its enforceability may be limited by the Remedies Exception).

Validity of Agreement; Authorization. The Buyer has the all requisite limited liability company power and authority to enter into this Agreement and the other Transaction Documents to which it is a party, party and to carry out perform its obligations hereunder and thereunder. The execution and delivery of the this Agreement and such other Transaction Documents and the performance of the Buyer’s by Buyer of its obligations hereunder and thereunder have been duly authorized by the board Manager of directors or similar governing body of the Buyer, and no other proceedings on the part of the Buyer are necessary to authorize such execution, delivery and performance. Each of This Agreement and the other Transaction Documents to which the Buyer is a party has have been duly executed and delivered by the Buyer and constitutes the constitute Buyer’s valid and binding obligation, obligation enforceable against the Buyer in accordance with its terms (except to the extent that its enforceability may be limited by the Remedies Exception)terms.

Validity of Agreement; Authorization. The Buyer has the requisite power and authority to enter into this Agreement and the other Transaction Documents to which it is a party, party and to carry out its obligations hereunder and thereunder. The execution and delivery of the this Agreement and such other Transaction Documents and the performance of the Buyer’s obligations hereunder and thereunder have been duly authorized by the board Board of directors or similar governing body Directors of the Buyer, and no other proceedings on the part of the Buyer are necessary to authorize such execution, delivery and performance. Each of This Agreement and the other Transaction Documents to which the Buyer is a party has have been duly executed and delivered by the Buyer and constitutes the constitute Buyer’s valid and binding obligation, obligation enforceable against the Buyer in accordance with its terms (except to the extent that its enforceability may be limited by the Remedies Exception)terms.

Validity of Agreement; Authorization. The Buyer has the requisite power and authority to enter into this Agreement and the other Transaction Documents to which it is a party, party and to carry out its obligations hereunder and thereunder. The execution and delivery of the this Agreement and such other Transaction Documents and the performance of the Buyer’s obligations hereunder and thereunder have been duly authorized by the board Manager of directors or similar governing body of the Buyer, and no other proceedings on the part of the Buyer are necessary to authorize such execution, delivery and performance. Each of This Agreement and the other Transaction Documents to which the Buyer is a party has have been duly executed and delivered by the Buyer and constitutes the constitute Buyer’s valid and binding obligation, obligation enforceable against the Buyer in accordance with its terms (except to the extent that its enforceability may be limited by the Remedies Exception)terms.

Validity of Agreement; Authorization. The Buyer has the requisite power and authority to enter into the Transaction Documents to which it is a party, and to carry out its obligations thereunder. The execution and delivery of the Transaction Documents and the performance of the Buyer’s obligations thereunder have been duly authorized by the board of directors or similar governing body of the Buyer, and no other proceedings action on the part of the Buyer are necessary to authorize such execution, delivery and performance. Each of the Transaction Documents to which the Buyer is a party has been duly executed and delivered by the Buyer and constitutes the Buyer’s valid and binding obligation, enforceable against the Buyer in accordance with its terms (except to the extent that its enforceability may be limited by the Remedies Exception).