Common use of Corporate Organization and Qualification Clause in Contracts

Corporate Organization and Qualification. Each of the Company and its subsidiaries (as defined in Section 10.11) is a corporation duly organized, validly existing and in good standing under the laws of its respective jurisdiction of organization, has all requisite corporate or similar power and authority to carry on its business as presently conducted and is in good standing as a foreign corporation in each jurisdiction where the properties owned, leased or operated, or the business conducted, by it require such qualification, except for any

Corporate Organization and Qualification. Each of the Company and its subsidiaries (as defined in Section 10.11) is a corporation duly organized, validly existing and in good standing under the laws of its respective jurisdiction of organization, has all requisite corporate incorporation or similar power and authority to carry on its business as presently conducted organization and is in good standing as a foreign corporation in each jurisdiction where the properties and assets owned, leased or operated, or the business conducted, by it require such qualification, except for anysuch failure to so qualify or be in such good standing, which, when taken together with all other such failures, would 4

Corporate Organization and Qualification. Each of the Company and its subsidiaries (as defined in Section 10.11) Subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of its respective jurisdiction of organization, has all requisite corporate or similar power and authority to carry on its business as presently conducted incorporation and is qualified and in good standing as a foreign corporation in each jurisdiction where the properties owned, leased or operated, or the business conducted, by it require such qualification, except for anywhere failure to be so could not, individually or in the aggregate, reasonably be expected to have a Material

Corporate Organization and Qualification. Each of the Company and its subsidiaries (as hereinafter defined in Section 10.1110.10) is a corporation duly organized, validly existing and in good standing under the laws of its respective jurisdiction of organization, has all requisite corporate or similar power and authority to carry on its business as presently conducted incorporation and is qualified and in good standing as a foreign corporation in each jurisdiction where the properties owned, leased or operated, or the business conducted, by it require such qualification, except for any. Each of the Company and its