Common use of Capacity, Enforceability and Consents Clause in Contracts

Capacity, Enforceability and Consents. (a) The Guarantor is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all requisite power and authority (corporate or other) to own, lease and operate its assets and properties and to carry on its business as presently conducted.

Capacity, Enforceability and Consents. (a) The Guarantor is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization legally competent and has all requisite power and authority (corporate or other) to own, lease and operate its his assets and properties and to carry on its his business as presently conducted.