Common use of Corporate Power and Authority; Enforceability Clause in Contracts

Corporate Power and Authority; Enforceability. The --------------------------------------------- Company has the requisite power and authority (corporate and otherwise) to execute, deliver and perform this Agreement and to consummate the Transaction. The execution, delivery and performance by the Company of this Agreement and the consummation by the Company of the Transaction, have been duly authorized by all necessary action (corporate or otherwise) on its part. This Agreement constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, except insofar as enforceability is limited by bankruptcy, insolvency, moratorium and similar laws affecting creditors' rights generally, and by general principles of equity.

Corporate Power and Authority; Enforceability. The --------------------------------------------- Company Investor has the requisite power and authority (corporate and otherwise) to execute, deliver and perform this Agreement and to consummate the Transaction. The execution, delivery and performance by the Company Investor of this Agreement and the consummation by the Company Investor of the Transaction, have been duly authorized by all necessary action (corporate or otherwise) on its part. This Agreement constitutes a legal, valid and binding obligation of the CompanyInvestor, enforceable in accordance with its terms, except insofar as enforceability is limited by bankruptcy, insolvency, moratorium and similar laws affecting creditors' rights generally, generally and by general principles of equity.

Corporate Power and Authority; Enforceability. The Investor has --------------------------------------------- Company has the requisite power and authority (corporate and otherwise) to execute, deliver and perform this Agreement and to consummate the Transaction. The execution, delivery and performance by the Company Investor of this Agreement and the consummation by the Company Investor of the Transaction, have been duly authorized by all necessary action (corporate or otherwise) on its part. This Agreement constitutes a legal, valid and binding obligation of the CompanyInvestor, enforceable in accordance with its terms, except insofar as enforceability is limited by bankruptcy, insolvency, moratorium and similar laws affecting creditors' rights generally, generally and by general principles of equity.

Corporate Power and Authority; Enforceability. The Investor --------------------------------------------- Company has the requisite power and authority (corporate and otherwise) to execute, deliver and perform this Agreement and to consummate the Transaction. The execution, delivery and performance by the Company Investor of this Agreement and the consummation by the Company Investor of the Transaction, have been duly authorized by all necessary action (corporate or otherwise) on its part. This Agreement constitutes a legal, valid and binding obligation of the CompanyInvestor, enforceable in accordance with its terms, except insofar as enforceability is limited by bankruptcy, insolvency, moratorium and similar laws affecting creditors' rights generally, generally and by general principles of equity.

Corporate Power and Authority; Enforceability. The Company --------------------------------------------- Company has the requisite power and authority (corporate and otherwise) to execute, deliver and perform this Agreement and to consummate the Transaction. The execution, delivery and performance by the Company of this Agreement and the consummation by the Company of the Transaction, have been duly authorized by all necessary action (corporate or otherwise) on its part. This Agreement constitutes a legal, valid and binding obligation of the Company, enforceable in accordance with its terms, except insofar as enforceability is limited by bankruptcy, insolvency, moratorium and similar laws affecting creditors' rights generally, and by general principles of equity.