Common use of Existence and Authority Clause in Contracts

Existence and Authority. The Purchaser (i) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, (ii) has all requisite corporate power to execute and deliver, and to perform its obligations under, this Agreement; and (iii) has taken all necessary corporate action to authorize the execution and delivery, and performance of its obligations under, this Agreement.

Existence and Authority. The Purchaser (ia) is a corporation limited liability company ----------------------- duly organized, validly existing and in good standing under the laws of the State of Delaware, (iib) has all requisite corporate power and authority to execute own its assets and deliveroperate its business, and (c) has all requisite power and authority to execute, deliver and perform its obligations under, this Agreement; and (iii) has taken all necessary corporate action under each of the Transaction Documents to authorize the execution and delivery, and performance of its obligations under, this Agreementwhich it is or will be a party.

Existence and Authority. The Purchaser (ia) is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, (iib) has all requisite corporate power and authority to execute own its assets and deliveroperate its business, and (c) has all requisite power and authority to execute, deliver and perform its obligations under, this Agreement; and (iii) has taken all necessary corporate action under each of the Transaction Documents to authorize the execution and delivery, and performance of its obligations under, this Agreementwhich it is or will be a party.