Common use of Existence and Authorization Clause in Contracts

Existence and Authorization. The Offeror is duly incorporated and validly existing under the Laws of its jurisdiction of incorporation and has the requisite legal capacity, power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

Existence and Authorization. The Offeror is duly incorporated and validly existing under the Laws laws of its jurisdiction of incorporation and has the requisite legal capacity, power and authority to execute and deliver enter into this Agreement and to perform its obligations hereunderhereunder and under the Support Agreement.