Common use of Corporate Organization and Standing Clause in Contracts

Corporate Organization and Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of its incorporation and has all requisite corporate power and authority to own or lease its properties and to carry on its business as presently conducted.

Corporate Organization and Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of its incorporation and has all requisite corporate power and authority to enter into this Agreement and the other Transaction Documents, to own or lease its properties and properties^, to carry on its business as presently conducted.conducted^ and to implement the Transactions contemplated herein;

Corporate Organization and Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of its incorporation Delaware and has all requisite corporate power and authority to own or lease its properties and to carry on its business the Retained Business as presently conductedconducted and to operate the properties of the Retained Business.