Common use of Authorization of Indentures Clause in Contracts

Authorization of Indentures. The Company has all requisite corporate power and authority to execute, deliver and perform its obligations under the 2024 Notes Indenture and the 2028 Notes Indenture. The 2024 Notes Indenture and the 2028 Notes Indenture have been duly and validly authorized, executed and delivered by the Company and the Trustee and constitutes the valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law); the Indenture has been qualified under the Trust Indenture Act. The 2024 Notes Indenture and the 2028 Notes Indenture conform in all material respects to the description thereof in the Prospectus and the Notes will conform to the description thereof in the Prospectus, as amended or supplemented.