Common use of Organization and Standing; Power and Authority Clause in Contracts

Organization and Standing; Power and Authority. Transferor is a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois, and has full corporate power and authority to operate the Business, to own or lease the Acquired Assets, to carry on the Business as now being conducted, and to enter into and perform this Agreement and the transactions and other agreements and instruments contemplated by this Agreement. This Agreement and all other agreements and instruments executed and delivered or to be executed and delivered by Transferor in connection herewith (collectively, the "Transaction Documents") have been, or upon execution thereof will be, duly executed and delivered by Transferor, as the case may be. This Agreement and the transactions and other agreements and instruments contemplated hereby have been duly approved by the board of directors of Transferor, and the board of directors of Parent, and constitute the valid and binding obligations of Transferor, enforceable in accordance with their respective terms.

Organization and Standing; Power and Authority. Transferor is a corporation duly organized, validly existing and in good standing under the laws of the State of IllinoisMissouri, and has full corporate power and authority to operate the Business, to own or lease the Acquired Assets, to carry on the its Business as now being conducted, and to enter into and perform this Agreement and the transactions and other agreements and instruments contemplated by this Agreement. This Agreement and all other agreements and instruments executed and delivered or to be executed and delivered by Transferor in connection herewith (collectively, the "“Transaction Documents"”) have been, or upon execution thereof will be, duly executed and delivered by Transferor, as the case may be. This Agreement and the transactions and other agreements and instruments contemplated hereby have been duly approved by the board Board of directors Directors of Transferor, and the board of directors of Parent, and constitute the valid and binding obligations of Transferor, enforceable in accordance with their respective terms.

Organization and Standing; Power and Authority. Transferor is a ---------------------------------------------- corporation duly organized, validly existing and in good standing under the laws of the State of IllinoisMissouri, and has full corporate power and authority to operate the Business, to own or lease the Acquired Assets, to carry on the its Business as now being conducted, and to enter into and perform this Agreement and the transactions and other agreements and instruments contemplated by this Agreement. This Agreement and all other agreements and instruments executed and delivered or to be executed and delivered by Transferor in connection herewith (collectively, the "Transaction Documents") have been, or upon execution thereof will be, duly executed and delivered by Transferor, as the case may be. This Agreement and the transactions and other agreements and instruments contemplated hereby have been duly approved by the board Board of directors Directors of Transferor, and the board of directors of Parent, and constitute the valid and binding obligations of Transferor, enforceable in accordance with their respective terms.

Organization and Standing; Power and Authority. Transferor is a corporation duly organized, validly existing and in good standing under the laws of the State of IllinoisMissouri, and has full corporate power and authority to operate the Business, to own or lease the Acquired Assets, to carry on the its Business as now being conducted, and to enter into and perform this Agreement and the transactions and other agreements and instruments contemplated by this Agreement. This Agreement and all other agreements and instruments executed and delivered or to be executed and delivered by Transferor in connection herewith (collectively, the "Transaction Documents") have been, or upon execution thereof will be, duly executed and delivered by Transferor, as the case may be. This Agreement and the transactions and other agreements and instruments contemplated hereby have been duly approved by the board Board of directors Directors of Transferor, and the board of directors of Parent, and constitute the valid and binding obligations of Transferor, enforceable in accordance with their respective terms.