Common use of Due Organization Clause in Contracts

Due Organization. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the state of its formation and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation and organization, has all requisite corporate power and authority to own, lease and operate its properties, to carry on its business as now currently being conducted. The Company is duly qualified , to transact business enter into this Subscription Agreement and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on perform its business or propertiesobligations hereunder.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the state jurisdiction of its formation and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or propertiesorganization.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation and organization, has all requisite corporate power and authority to own, lease and operate its properties, to carry on its business as now currently being conducted. The Company is duly qualified , to transact business enter into this Subscription and is in good standing in each jurisdiction in which the failure Stock Purchase Agreement and to so qualify would have a material adverse effect on perform its business or propertiesobligations hereunder.

Due Organization. The Company is a corporation duly organizedformed, validly existing, existing and in good standing under the laws of the state of its formation and has all requisite corporate incorporation with full power and authority to own, lease, use, and operate its properties and to carry on its business as and where now owned, leased, used, operated and conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on conduct its business or propertiesin all states and jurisdictions which require the Company to be so qualified.

Due Organization. The Company is a corporation duly organized, validly existingexisting and, and where applicable, in good standing under the laws Laws of the state jurisdiction of its formation and organization. The Company has all requisite corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

Due Organization. The Company COMPANY is a corporation duly organized, validly existing, existing and in good standing under the laws of the state of its formation incorporation, and has is duly authorized and qualified to do business under all requisite corporate power applicable laws, regulations, ordinances and authority orders of public authorities to carry on its business in the places and in the manner as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.now

Due Organization. The Company COMPANY is a corporation duly organized, validly existing, existing and in good standing under the laws of the state of its formation incorporation, and has is duly authorized and qualified to do business under all requisite corporate power applicable laws, regulations, ordinances and authority orders of public authorities to carry on its business in the places and in the manner as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which conducted except where the failure to be so qualify authorized or qualified would not have a material adverse effect on its the business or propertiesof the COMPANY taken as a whole.

Due Organization. The Company is a corporation duly organizedcorporation, validly existing, existing and in good standing under the laws of the its state of its formation incorporation, and has all requisite full corporate power and authority to carry on its business as now conducted. The Company is duly qualified enter into and perform this Agreement and each other instrument, agreement and document to transact business and is be executed by it in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or propertiesconnection herewith.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation organization and has all the requisite corporate power and authority to own its properties and to carry on its business as now presently conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

Due Organization. The Company is a corporation duly organized, organized and validly existing, and existing in good standing under the laws of the state jurisdiction of its formation incorporation, and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualify qualified would not reasonably be expected to have a material adverse effect on its business or propertiesMaterial Adverse Effect.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the state jurisdiction of its formation and organization. The Company has all requisite corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of its jurisdiction of formation with the state of its formation and has all requisite corporate power authority to own and authority use its properties and assets and to carry on its business as now currently conducted. The Company is duly qualified to transact business and is not in good standing in each jurisdiction in which violation of any of the failure to so qualify would have a material adverse effect on provisions of its business certificate of incorporation, bylaws or propertiesother organizational or charter documents.

Due Organization. The Company COMPANY is a corporation duly organized, validly existing, existing and in good standing under the laws of the state of its formation and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact business incorporation, and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.duly

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation incorporation, is qualified to do business and has all is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or ownership of its properties requires such qualification and failure to be so qualified would prevent the Company from performing its obligations under this Agreement, with the requisite corporate power authority to own and authority use its properties and assets and to carry on its business as now currently conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.

Due Organization. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation incorporation, is qualified to do business and has all is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or ownership of its properties requires such qualification and failure to have such would prevent such party from performing its obligations under this Agreement, with the requisite corporate power authority to own and authority use its properties and assets and to carry on its business as now currently conducted. The Company is duly qualified to transact business and is not in good standing in each jurisdiction in which violation of any of the failure to so qualify would have a material adverse effect on provisions of its business certificate of incorporation, bylaws or propertiesother organizational or charter documents.

Due Organization. The Company is a corporation duly organizedcorporation, validly existing, existing and in good standing under the laws of the state jurisdiction of its formation organization and has all the requisite corporate power and authority to own its properties and to carry on its business as now presently conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.