Common use of Organization, Corporate Power and Licenses Clause in Contracts

Organization, Corporate Power and Licenses. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted and to enter into and fulfill its obligations under this Agreement and the Warrant.

Organization, Corporate Power and Licenses. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the is qualified to do business in every jurisdiction in which its ownership of property or conduct of business requires it to qualify. The Company possesses all requisite corporate power and authority and all material governmental licenses, authorizationspermits and authorizations necessary to own and operate its properties, consents and approvals required to carry on its business businesses as now conducted and presently proposed to enter into be conducted and fulfill its obligations under to carry out the transactions contemplated by this Agreement and the WarrantAgreement.

Organization, Corporate Power and Licenses. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the is qualified to do business in every jurisdiction in which its ownership of property or conduct of business requires it to qualify. The Company possesses all requisite corporate power and authority and all material governmental licenses, authorizationspermits and authorizations necessary to own and operate its properties, consents and approvals required to carry on its business businesses as now conducted and presently proposed to enter into be conducted and fulfill its obligations under to carry out the transactions contemplated by this Agreement and the Warrantother Transaction Documents to which the Company is a party.