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Each Subsidiary has all requisite corporate power and authority to own, operate, lease, and encumber its properties and carry on its business as currently conducted, except as would not, individually or in the aggregate, have a Material Adverse Effect.

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An example of a basic arbitration clause is Dispute Resolution Any claim dispute or difference relating to or arising out of this Agreement shall be referred to the arbitration of a sole arbitrator The arbitration shall be subject to the Arbitration and Conciliation Act 1996 as may be amended from time to time.

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