Covenant Regarding Authority to Bind Parties. Each Party and each of their respective members executing this Agreement represents and warrants to the other Party that the individual executing this Agreement on behalf of each Party has the power and authority to execute this Agreement and to bind the Party to the terms and conditions of this Agreement by executing this Agreement.
Authority. Each Party and each of their respective members executing this Agreement represents and warrants tothat it has the other Party that the individual executing this Agreement on behalf of each Party has thefull power and authority to executeenter into this Agreement and to bindperform its obligations hereunder, and that the performance of such obligations will not conflict with or result in a breach of any agreement to which such Party to the terms and conditions of this Agreement by executing this Agreement.is a party or is otherwise bound.
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