Common use of Capacity and Authorization Clause in Contracts

Capacity and Authorization. The Purchaser is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation and it has all requisite corporate power and authority to enter into and deliver this Agreement and to perform its obligations hereunder and no other corporate proceedings on the part of the Purchaser are necessary to authorize this Agreement;

Capacity and Authorization. The Purchaser is a corporation duly incorporated, validly existing and in 1 Representation and warranty to be adjusted for the specific organizational structures of each of the Rollover Shareholders. good standing under the laws of the jurisdiction of its incorporation and it has all requisite corporate power and authority to enter into and deliver this Agreement and to perform its obligations hereunder and no other corporate proceedings on the part of the Purchaser are necessary to authorize this Agreement;