Common use of Corporate Organization and Good Standing of the Company Clause in Contracts

Corporate Organization and Good Standing of the Company. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as such business is now being conducted.

Corporate Organization and Good Standing of the Company. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own, operate and lease its properties and to carry on its business as such business is now being conducted.