Common use of Validly Executed Clause in Contracts

Validly Executed. This Agreement has been duly and validly executed and delivered on behalf of the Seller and constitutes a valid obligation of the Seller, enforceable in accordance with its terms. Seller is not subject to any charter, operating agreement, bylaw, lien, encumbrance of any kind, agreement, instrument, order, ownership dispute, or decree of any court or governmental body (other than any required Tribal or governmental approval) which would delay, hinder or prevent consummation of the transactions contemplated by this Agreement.

Validly Executed. This Agreement has been duly and validly executed and delivered on behalf of the Seller Buyer and constitutes a valid obligation of the SellerBuyer, enforceable in accordance with its terms. Seller Buyer is not subject to any charter, operating agreement, bylaw, lien, encumbrance of any kind, agreement, instrument, order, ownership dispute, or decree of any court or governmental body (other than any required Tribal or governmental approval) which would delay, hinder or prevent consummation of the transactions contemplated by this AgreementPurchase and Sale Agreement and/or the Assignment, Conveyance and Xxxx of Sale.