Common use of Due Organization, Good Standing and Corporate Power Clause in Contracts

Due Organization, Good Standing and Corporate Power. Each of EMKT and Top Team is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.

Due Organization, Good Standing and Corporate Power. Each of EMKT and Top Team is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareDelaware and has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted or proposed to be conducted.