Common use of Due Incorporation and Good Standing Clause in Contracts

Due Incorporation and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, with full and adequate power to carry on and conduct its business as presently conducted, and is duly licensed or qualified in all foreign jurisdictions wherein the failure to be so qualified or licensed would reasonably be expected to have a material adverse effect on the business of the Company.

Due Incorporation and Good Standing. The Company has been duly incorporated and is validly existing as a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareDelaware with corporate power and authority to own, with full lease and adequate power operate its properties, to carry on and conduct its business as presently conducted, currently conducted and as proposed to be conducted and to enter into and perform its obligations under this Agreement and the other Documents to which it is a party. The Company is duly qualified as a foreign corporation to transact business and is duly licensed or qualified in all foreign jurisdictions wherein the failure to be so qualified or licensed would reasonably be expected to have a material adverse effect on the business of the Companygood standing in each jurisdiction in which such qualification is required.