Common use of Organization; Authorization Clause in Contracts

Organization; Authorization. The Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.

Organization; Authorization. The Such Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.

Organization; Authorization. The Holder is either an individual or an entity duly organized, validly existing and in good standing under the laws of its state jurisdiction of formation organization or formation, as the case may be, and has the requisite organizational corporate or other power and authority to enter into and perform its obligations under this Agreement.

Organization; Authorization. The Holder is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction of its state of formation and organization. The Holder has the requisite organizational full power and authority to enter into and this Agreement, to perform its obligations under hereunder and to consummate the transactions contemplated hereby and has taken all action necessary to authorize the execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.

Organization; Authorization. The Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform to consummate the Transactions contemplated by the Exchange Documents to which it is a party and otherwise to carry out its obligations under this Agreementhereunder and thereunder.

Organization; Authorization. The Such Holder is duly organized, validly existing and in good standing under the laws of its state jurisdiction of formation incorporation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.