Each of the Parties to this Agreement hereby represents and warrants to the other Party(ies) hereto that all approvals and authorities necessary for such Party to enter into this Agreement and be bound by its terms have been obtained. Each of the Parties to this Agreement further represents and warrants to the other Party(ies) hereto that its execution of this Agreement does not breach or violate any contract, agreement, order or prohibition to which the Sanchez Parties, the Marketing Sanchez Party and/or their affiliates, or any of them, or Owner are/is a party or bound.