Organization and Authority of Tsai Sample Clauses

Organization and Authority of Tsai. Tsai is an individual with full power, capacity and authority to enter into this Agreement and the other Transaction Documents to which Tsai is a party, to carry out its obligations hereunder and thereunder, and to consummate the transactions contemplated hereby and thereby. This Agreement and each Transaction Document constitute legal, valid, and binding obligations of Tsai enforceable against Tsai in accordance with their respective terms.