Common use of Requisite Power and Authority Clause in Contracts

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions action on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation obligations of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium moratorium, or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and the Related Agreements and to carry out the provisions thereoftheir respective provisions. All actions action on Investor’s 's part required for the lawful subscription to execution and delivery of this Agreement and the offering Related Agreements have been or will be effectively taken prior to the Closing. Upon subscribing to the Offeringtheir execution and delivery, this Subscription Agreement and the Related Agreements will be a valid and binding obligation obligations of Investor, enforceable in accordance with its their terms, except (ia) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights ' right and (iib) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s 's part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ ' rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering Offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the ClosingClosing Date. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. The Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on the Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of the Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. The Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement the Transaction Agreements and to carry out all action on the provisions thereof. All actions on Investor’s part required for the lawful subscription to execution and delivery of the offering Transaction Agreements has been taken. The Transaction Documents have been or will be effectively taken prior to duly and validly executed and delivered by the Closing. Upon subscribing to Investor and the OfferingTransaction Agreements are, this Subscription Agreement will be a assuming due authorization, execution and delivery by the Company, valid and binding obligation obligations of the Investor, enforceable in accordance with its their terms, except (ia) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws Laws of general application affecting enforcement of creditors’ rights and rights, (iib) as limited by general principles of equity that restrict the availability of equitable remedies, and (c) to the extent that the enforceability of indemnification provisions may be limited by applicable Laws.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereofof such respective agreements. All actions action on Investor’s part required for the lawful subscription to the offering Offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its their respective terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement Agreement, and to carry out the provisions thereofof this Subscription Agreement. All actions action on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its respective terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.and

Requisite Power and Authority. Such Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and the Related Agreements and to carry out the provisions thereoftheir provisions. All actions action on such Investor’s part required for the lawful subscription to execution and delivery of this Agreement and the offering have Related Agreements has been or taken. Upon their execution and delivery, this Agreement and the Related Agreements will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a duly executed and delivered by such Investor and constitute valid and binding obligation obligations of such Investor, enforceable in accordance with its their respective terms, except (ia) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws Laws of general application affecting enforcement of creditors’ rights and rights, (iib) as limited by general principles of equity that restrict the availability of equitable remediesremedies and (c) to the extent that the enforceability of the indemnification provisions of the Investor Rights Agreement may be limited by applicable Laws.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offeringthis offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereofof this Subscription Agreement. All actions action on Investor’s part required for the lawful subscription to the this offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offeringthis offering, this Subscription Agreement will be a valid and binding obligation obligations of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereof. All actions on Investor’s part required for the lawful subscription to the offering Offering have been or will be effectively taken prior to the Closing. Upon subscribing to the Offering, this Subscription Agreement will be a valid and binding obligation of Investor, enforceable in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights and (ii) as limited by general principles of equity that restrict the availability of equitable remedies.

Requisite Power and Authority. The Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and the Related Agreements and to carry out the provisions thereoftheir provisions. All actions corporate action on Investor’s 's part required for the lawful subscription to execution and delivery of this Agreement and the offering Related Agreements have been or will be effectively taken prior to the Closing. Upon subscribing to the Offeringtheir execution and delivery, this Subscription Agreement and the Related Agreements will be a valid and binding obligation obligations of Investor, enforceable in accordance with its their respective terms, except (ia) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights ' rights, and (iib) as limited by general principles of equity that restrict the availability of equitable and legal remedies.

Requisite Power and Authority. The Investor has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and the Related Agreements and to carry out the provisions thereoftheir provisions. All actions corporate action on Investor’s part required for the lawful subscription to execution and delivery of this Agreement and the offering Related Agreements have been or will be effectively taken prior to the Closing. Upon subscribing to the Offeringtheir execution and delivery, this Subscription Agreement and the Related Agreements will be a valid and binding obligation obligations of Investor, enforceable in accordance with its their respective terms, except (ia) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application affecting enforcement of creditors’ rights rights, and (iib) as limited by general principles of equity that restrict the availability of equitable and legal remedies.

Requisite Power and Authority. Investor Such Shareholder has all necessary power and authority under all applicable provisions of law to subscribe to the Offering, to execute and deliver this Subscription Agreement and to carry out the provisions thereofits provisions. All actions action on Investor’s such Shareholder's part required for the his or her lawful subscription to the offering have execution and delivery of this Agreement has been or will be effectively taken prior to the Closing. Upon subscribing to the Offeringexecution and delivery, this Subscription Agreement will be a the valid and binding obligation of Investorsuch Shareholder, enforceable against such Shareholder in accordance with its terms, terms except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium or and other laws of general application affecting enforcement of creditors’ ' rights generally and (ii) as limited by general principles of equity that restrict laws relating to the availability of specific performance, injunctive relief or other equitable remedies.