Common use of Corporate Organization; Good Standing Clause in Contracts

Corporate Organization; Good Standing. WFB is a national banking association duly organized, validly existing and in good standing under the laws of the US. WFB has the requisite corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted. TransFirst Holdings, Inc. is a corporation validly existing and in good standing under the laws of the State of Delaware and has the corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted.

Corporate Organization; Good Standing. WFB is a national banking association duly organized, validly existing and in good standing under the laws of the USUnited States. WFB has the requisite corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted. TransFirst Holdings, Inc. Company is a corporation validly existing and in good standing under the laws of the State of Delaware and has the corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted.

Corporate Organization; Good Standing. WFB is a national banking association duly organized, validly existing and in good standing under the laws of the USUnited States. WFB has the requisite corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted. TransFirst Holdings, Inc. Company is a corporation validly existing and in good standing under the laws of the State of Delaware and has the corporate power and authority to own all of its properties and assets and to carry on its business as it is now being conducted.. 2.2