This Agreement has been duly authorized, executed and delivered by Blackstone, is the legal, valid and binding obligation of Blackstone, and does not violate any provision of any agreement or judicial order to which Blackstone is a party or to which Blackstone is subject. All documents to be executed by Blackstone which are to be delivered at Closing will be duly authorized, executed and delivered by Blackstone, will be legal, valid and binding obligations of Blackstone, enforceable in accordance with their respective terms, and will not violate any provision of any agreement or judicial order to which Blackstone is a party or to which Blackstone is subject.