Common use of Organization and Authority of Purchaser Clause in Contracts

Organization and Authority of Purchaser. Purchaser is a corporation duly organized and validly existing under the laws of the State of Delaware and has all necessary corporate power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its terms.

Organization and Authority of Purchaser. Purchaser is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate power and authority to enter into this Agreement and the Ancillary Agreements and to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed hereby and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its termsthereby.

Organization and Authority of Purchaser. Purchaser is a corporation limited liability company duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Purchaser has all necessary corporate power and authority to enter into this Agreement own, lease and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed operate its properties and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with conduct its termsbusiness as it is currently being conducted.

Organization and Authority of Purchaser. Purchaser is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Purchaser is duly qualified as a foreign entity in such jurisdictions as the conduct of its business or the ownership of its properties requires such qualification unless such failure to so qualify reasonably could not be anticipated to have a Material Adverse Effect. Purchaser has all necessary corporate power and authority to enter into this Agreement execute and deliver the Transaction Documents to which Purchaser is or will be a party and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its termsTransactions.

Organization and Authority of Purchaser. Purchaser is a --------------------------------------- corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate with full power and authority authority, corporate and otherwise, to enter into and to perform its obligations under this Agreement and each of the Ancillary Agreements to which it is a party and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed hereby and delivered by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its termsthereby.

Organization and Authority of Purchaser. Purchaser is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate the requisite power and authority to enter into this Agreement own its property and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered carry on its business as now being conducted by Purchaser and constitutes a legal, valid and binding obligation of Purchaser enforceable against Purchaser in accordance with its termsit.