Common use of Due Incorporation and Organization Clause in Contracts

Due Incorporation and Organization. Each of the Company and the subsidiaries of the Company listed on Schedule 2 to this Agreement (the “Material Subsidiaries”) has been duly incorporated and is validly existing under the laws of its jurisdiction of incorporation and has all requisite corporate authority and power to carry on its business, as now conducted and as presently proposed to be conducted by it, and to own or lease its assets.

Due Incorporation and Organization. Each of the Company and the subsidiaries subsidiary of the Company listed on Schedule 2 to this Agreement (the “"Material Subsidiaries”Subsidiary") has been duly incorporated continued and organized and is validly existing under the laws of its jurisdiction of incorporation and has all requisite corporate authority and power to carry on its business, as now conducted and as presently proposed to be conducted by it, and to own or lease its assets.

Due Incorporation and Organization. Each of the Company and the subsidiaries subsidiary of the Company listed on Schedule 2 to this Agreement (the “"Material Subsidiaries”Subsidiary") has been duly incorporated and organized and is validly existing under the laws of its jurisdiction of incorporation and has all requisite corporate authority and power to carry on its business, as now conducted and as presently proposed to be conducted by it, and to own or lease its assets.

Due Incorporation and Organization. Each of the Company and the subsidiaries subsidiary of the Company listed on Schedule 2 to this Agreement (the “Material SubsidiariesSubsidiary”) has been duly incorporated and is validly existing under the laws of its jurisdiction of incorporation and has all requisite corporate authority and power to carry on its business, as now conducted and as presently proposed to be conducted by it, and to own or lease its assets.