Common use of Corporate Power Clause in Contracts

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted.

Corporate Power. Each of the Company and its Subsidiaries has all requisite the corporate power and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conductedconducted and to own all of its properties and assets; and the Company has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Corporate Power. The Company has all requisite corporate power and authority to own, own and operate and lease its properties and assets, and to carry on its business as presently conducted. The Company has all requisite legal and where such is now being conductedcorporate power and authority to execute and deliver the Transaction Documents and to carry out and perform its obligations under the terms of the Transaction Documents.

Corporate Power. The Company has all requisite corporate power and authority to own, own and operate and lease its properties and assets, and to carry on its business as presently conducted. The Company has all requisite legal and where such is now being conductedcorporate power and authority to execute and deliver the Agreement and to carry out and perform its obligations under the terms of the Agreement.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted. Each of Parent and the Company has all requisite power and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by it pursuant hereto, to perform its obligations hereunder, and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company The Corporation has all requisite the corporate power and authority to own, operate and own or lease its properties their property and to carry on its business the Business as and where such is now being conductedconducted by them.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by it pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate --------------- power and authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite legal and corporate power and authority (a) to own, lease and operate and lease its properties and to carry on assets and conduct its business as presently conducted, and where such is now being conducted(b) to enter into this Agreement, to sell the Purchased Shares and to carry out and perform its other obligations under the terms of this Agreement.

Corporate Power. The Company and each of its Subsidiaries has all requisite corporate power and authority to own, lease and operate and lease its their respective properties and to carry on its business their respective businesses as and where such is they are now being owned, leased, operated and conducted.

Corporate Power. The Company has all requisite the corporate power and authority to own, operate and own or lease its properties property and to carry on its business and is qualified as a corporation to do business and where is in good standing in each jurisdiction in which its business is conducted or the property owned or leased by it makes such is now being conductedqualification necessary.

Corporate Power. The Company has all requisite full corporate power and authority to own, operate and own or lease its properties and to carry on conduct its business as and where such is now being currently conducted.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and assets (including the Purchased Assets), to carry on its business the Business as and where such is now currently being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by the Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business as and where such is now being currently conducted, and to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by the Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite legal and corporate power and authority authority: (i) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted and where such is now being conductedas contemplated to be conducted in the future; (ii) to execute and deliver this Agreement; (iii) to sell and issue the Securities, and (iv) to carry out and perform the terms and conditions of this Agreement.

Corporate Power. The Company has all requisite corporate power and authority (i) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted, (ii) to execute and where such is now being conducteddeliver this Agreement, (iii) to sell and issue the Shares and the Warrants and (iv) to carry out and perform the provisions of this Agreement and the Warrants.

Corporate Power. The Company has all requisite corporate power and authority necessary to own and/or lease and operate its properties and assets and to carry on its business as now conducted. The Company has all requisite corporate power and authority to ownexecute, operate deliver, carry out and lease perform its properties obligations under this Agreement and each other Transaction Document to which it is a party and to carry on its business as consummate the transactions contemplated hereby and where such is now being conductedthereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease use its properties and to carry on its business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate operate, use and lease its properties Properties and assets and to carry on its business the Business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business the Business as and where such is now being conducted.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conductedconducted and to own all its properties and assets; and the Company has all corporate power and authority and has taken all corporate action necessary to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Corporate Power. Company has all requisite corporate power and --------------- authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Each Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business as and where such is now being currently conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by such Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and --------------- authority to own, operate and lease its properties and to carry on its business the PA Business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties assets and to carry on its business the Business as and where such is now being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Each Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business the Business as and where such is now being currently conducted, and to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by such Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conductedconducted and to own, lease or operate, as the case may be, all its properties and assets; and the Company has all requisite corporate power and authority and has taken all corporate action necessary in order to execute, deliver and perform its obligations under this Agreement and to consummate the Merger and the transactions contemplated hereby.

Corporate Power. The Company has all requisite corporate power and authority (i) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted, (ii) to execute and where such is now being conducteddeliver this Agreement, (iii) to sell and issue the Shares and the Warrant and (iv) to carry out and perform the provisions of this Agreement and the Warrant.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business Business as and where such is now currently being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and thereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business the Business as and where such is now currently being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby. Since February 16, 2012, Company has not engaged in any business other than the Business.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such it is now currently being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business the Business as and where such is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to ownown and operate its assets, operate and lease its properties and to carry on its business as and where such is now currently being conducted, to execute and deliver this Agreement and to perform its obligations hereunder.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business as and where such is now being currently conducted, to execute and deliver this Investment Agreement and the other documents and instruments to be executed and delivered by the Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted., and to enter into, execute and deliver this Agreement and the other agreements, instruments and documents contemplated hereby (such other documents sometimes referred to herein as "Ancillary Documents") and to carry out the transactions contemplated hereby

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conductedconducted and to own all its properties and assets; and the Company has all requisite corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority to own, lease and operate and lease its their respective properties and to carry on its business their respective businesses as and where such is they are now being owned, leased, operated and conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and their properties, to carry on its business the Business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company The Corporation has all requisite necessary corporate power and authority to own, operate and own or lease its properties Assets and to carry on its business the Business as and where such is now being conductedconducted by it.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties as and where such properties are now being owned, operated and leased and to carry on its business as and where such business is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business as and where such is now being currently conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business the Business as and where such is now being conductedconducted and to enter into this Agreement and the other documents and instruments contemplated hereby.

Corporate Power. Company has all requisite corporate --------------- power and authority to own, operate and lease its properties and to carry on its business as and where such business is now being conducted.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted.its

Corporate Power. The Company has all requisite the power, corporate power or otherwise, and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conductedconducted and to own or lease all its properties and assets.

Corporate Power. Company has all requisite corporate power and --------------- authority to own, operate operate, and lease its properties and to carry on its business the Business as and where such is now being conducted.

Corporate Power. The Company has all requisite corporate power and authority (a) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted, (b) to execute and where such is now being conducteddeliver this Agreement, (c) to sell and issue the Notes and the Warrant and (d) to carry out and perform the provisions of this Agreement, the Registration Rights Agreement, the Notes and the Warrant.

Corporate Power. Company The Corporation has all requisite corporate power and authority to (i) own, lease and operate and lease its properties and assets and to carry on its business as and where such is now being conductedconducted by it, and (ii) enter into and perform its obligations under this Debenture and the Security Documents.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its assets and properties and to carry on its business as and where such is now being conducted.

Corporate Power. Company The Corporation has all requisite the corporate power and authority to own, operate and own or lease its properties property and to carry on its business the Business as and where such is now being conductedconducted by it.

Corporate Power. The Company has all requisite corporate power and authority (a) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted, (b) to execute and where such is now being conducteddeliver this Agreement, (c) to sell and issue the Notes and the Warrants and (d) to carry out and perform the provisions of this Agreement, the Registration Rights Agreements, the Notes and the Warrants.

Corporate Power. The Company has all requisite legal and corporate power and authority authority: (a) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted and where such is now being conductedas contemplated to be conducted in the future; (b) to execute and deliver this Agreement; (c) to sell and issue the Securities, and (d) to carry out and perform the terms and conditions of this Agreement.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by it pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority authority, licenses, registrations, authorizations, permits, consents, notices of intent, and approvals to own, operate and lease its properties and properties, including, without limitation, the Purchased Assets, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite corporate power and authority (i) to own, own and operate and lease its properties and assets and to carry on its business as presently conducted and where such is now being as presently proposed to be conducted, (ii) to execute and deliver this Agreement and each of the Related Agreements, (iii) to issue upon exercise of the Warrant, the Warrant Shares and (iv) to carry out and perform the provisions of this Agreement and the Related Agreements.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such it is now being conducted.

Corporate Power. Each of the Company and the Subsidiaries (as hereinafter defined) has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as and where such is now being conducted.

Corporate Power. The Company has all requisite corporate power and authority to own, own and operate and lease its properties and assets, and to carry on its business as presently conducted. The Company has all requisite legal and where such is now being conductedcorporate power and authority to execute and deliver this Agreement, the Notes, the Warrants, the Deed of Trust and all other documents evidencing or securing the Loan or delivered in connection with the making of the Loan (collectively, the “Loan Documents”) and to carry out and perform its obligations under the terms of the Loan Documents.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and assets, to carry on its business as and where such is now currently being conducted, to execute and deliver this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and in relation to the Business, to carry on its business the Business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such business is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business Matkon Business as and where such is now being conducted, and Company and Stockholder have all required corporate power and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by them pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. Company has and Shareholder have all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and the other documents and instruments to be executed and delivered by Company and Shareholder pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Corporate Power. The Company has all requisite the corporate power and authority to own, operate and own or lease its properties property and to carry on its business the Business as and where such is now being conductedconducted by it.

Corporate Power. The Company has all requisite corporate power and authority to own, operate and lease its properties and properties, to carry on its business as and where such is now being conducted, to enter into this Agreement and to carry out the transactions contemplated hereby.