/Docs/G/SeriesSeed-Cooley-CmA/notes/Convertible_Promissory_Note/0.md
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The {_Company} has all requisite corporate power to issue this Note and to carry out and perform its obligations under this Note. The {_Company}'s Board of Directors (the "{DefT.Board}") has approved the issuance of this Note based upon a reasonable belief that the issuance of this Note is appropriate for the {_Company} after reasonable inquiry concerning the {_Company}'s financing objectives and financial situation.