Corporate Power. [[Party:Organization]] has all requisite legal and corporate power and authority to execute and deliver this Agreement, to issue the [[Party:Organization]] Shares, and to carry out and perform its obligations under the terms of this Agreement.
Corporate Power and Authority. [[Organization A:Organization]] has all requisite power and authority to enter into and perform this Agreement and to carry out its obligations under this Agreement. This Agreement and the transactions contemplated by this Agreement have been duly and validly authorized by all necessary Board of Director action on the part of [[Organization A:Organization]]. This Agreement has been duly executed and delivered and constitutes the legal, valid and binding obligation of [[Organization A:Organization]].
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