Common use of Requisite Power Clause in Contracts

Requisite Power. The Borrower has all requisite corporate or other --------------- legal power and all Governmental Approvals necessary to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Borrower has all requisite power to borrow the sums provided for in this Agreement and to execute, deliver, issue and perform this Agreement and the Note.

Requisite Power. The Borrower has all requisite corporate or other --------------- legal power and all Governmental Approvals necessary to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Borrower has all requisite power to borrow the sums provided for in this Agreement and to execute, deliver, issue and perform this Agreement and the Note.

Requisite Power. The Borrower has all requisite corporate or other --------------- legal power and all Governmental Approvals governmental licenses, permits, authorizations, consents and approvals necessary to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Borrower has all requisite power to borrow the sums provided for in this Agreement and to execute, deliver, issue and perform this Agreement and the Note.

Requisite Power. The Borrower has all requisite corporate or other --------------- legal power and all Governmental Approvals necessary to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Borrower has all requisite the power to borrow the sums provided for in this Agreement and to execute, deliver, issue execute and perform this Agreement and has the Notepower to borrow and to execute and deliver all other Loan Documents.

Requisite Power. The Borrower has all requisite corporate or other --------------- legal power and all Governmental Approvals material governmental licenses, permits, authorizations, consents and approvals necessary to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Borrower has all requisite corporate power to borrow the sums provided for in this Agreement Agreement, and Borrower has all requisite corporate power to execute, deliver, deliver and issue and perform this Agreement and the NoteAgreement.