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 Delaware and has all requisite power and authority to carry on its business as presently conducted.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State State,of Delaware and Delaware. The Corporation has all the requisite corporate power and authority to carry on its business as presently now 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 hereby. The Corporation is qualified to do business as a foreign corporation in all jurisdictions where the fail-

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Corporation has all the requisite corporate power and authority to carry on its business as and 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 hereby. The Corporation is not presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would materially and adversely affect the Corporation's 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 Delaware and Delaware. The Corporation has all the requisite corporate power and authority 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 hereby. The Corporation is not presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would materially and adversely affect the Corporation's business.

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 Delaware and Delaware. The Corporation is duly qualified to do business in the jurisdictions where it is currently doing business. The Corporation has all the requisite corporate power and authority 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 Subscription Agreement and the transactions contemplated hereby.

Corporate Organization and Standing. The Corporation is a corporation duly organizedformed, validly existing and in good standing under the laws of the State of Delaware and has all requisite the power and authority as a corporation to own, operate or lease the properties and assets now owned, operated or leased by the Corporation and to carry on its business in all material respects as presently currently conducted; and is duly qualified as a foreign corporation to do business in each jurisdiction where the failure to be so qualified would materially and adversely affect the business and operations of the Corporation and its Subsidiaries taken as a whole.

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as presently conducted. The Corporation is duly qualified to do business as a foreign corporation in every jurisdiction where such qualification is required by controlling law and where the failure to so qualify would have a material adverse effect on the Corporation and its subsidiaries, taken as a whole.