Common use of Incorporation; Capacity; Authorization Clause in Contracts

Incorporation; Capacity; Authorization. Where the Reunion Gold Securityholder is not an individual, it is duly formed and validly existing under the Laws of its jurisdiction of formation and has the requisite corporate power and capacity and has received all requisite approvals to execute and deliver this Agreement and to perform its obligations hereunder. Where the Reunion Gold Securityholder is an individual, he or she has the power and capacity and has received all requisite approvals to execute and deliver this Agreement and to perform his or her obligations hereunder;