Common use of Corporate Organization and Standing Clause in Contracts

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of NevadaCalifornia. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of NevadaDelaware. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Corporate Organization and Standing. The Corporation Company is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Nevada. The Corporation Company has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement agreement and the transactions contemplated under in this Agreementagreement.

Corporate Organization and Standing. The Corporation Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Corporation Nevada and has the all requisite corporate power and authority to own or lease its properties and to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly validity existing and in good standing under the laws of the State of NevadaCalifornia. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is duly qualified to do business in the jurisdictions where it is currently doing business.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of NevadaCalifornia. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this AgreementAgreement .

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is duly qualified to do business in the jurisdictions where it is currently doing business.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of NevadaCalifornia. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement Agreement, the Notes and the transactions contemplated under this AgreementAgreement and the Notes.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Corporation has the requisite corporate power to carry on its business as presently conducted, conducted and as proposed or contemplated to be conducted in the future, future and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would have a material adverse affect on the Company's business.