Common use of Due Incorporation; Power and Authority, Etc Clause in Contracts

Due Incorporation; Power and Authority, Etc. The Company has been duly incorporated and is validly existing as an exempted company and is in good standing under the laws of the Cayman Islands with full corporate power and authority to own or lease, as the case may be, and to operate its properties and conduct its business as described in the Statutory Prospectus and the Prospectus, and is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction which requires such qualification.

Due Incorporation; Power and Authority, Etc. The Company has been duly incorporated and is validly existing as an exempted company and is in good standing under the laws of the Cayman Islands with full corporate power and authority to own or lease, as the case may be, and to operate its properties and conduct its business as described in the Statutory Prospectus and the Prospectus, and (ii) is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction which requires such qualification.