Common use of Existence; Good Standing; Compliance with Law Clause in Contracts

Existence; Good Standing; Compliance with Law. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Maryland. Section 4.1(a) of the Company Disclosure Schedule lists the jurisdictions in which the Company is duly qualified or licensed to do business as a foreign corporation or other entity. The Company is duly qualified or licensed to do business as a foreign corporation or other entity and is in good standing under the Laws of any other jurisdiction in which the character of the properties owned, leased or operated by it therein or in which the transaction of its business makes such qualification or licensing necessary, except where the failure to be so qualified or licensed or in good standing would not, individually or in the aggregate, have, or reasonably be expected to have, a Company Material Adverse Effect. The Company has the requisite corporate or other requisite entity power and authority to own, lease, hold, encumber and, to the extent applicable, operate its properties and to carry on its business as now conducted.

Existence; Good Standing; Compliance with Law. (a) The Company is a corporation real estate investment trust duly incorporatedformed, validly existing and in good standing under the Laws of the State of Maryland. Section 4.1(a) of the Company Disclosure Schedule lists the jurisdictions in which the Company is duly qualified or licensed to do business as a foreign corporation or other entity. The Company is duly qualified or licensed to do business as a foreign corporation or other entity and is in good standing under the Laws of any other jurisdiction in which the character of the properties owned, leased or operated by it therein or in which the transaction of its business makes such qualification or licensing necessary, except where the failure to be so qualified or licensed or in good standing would not, individually or in the aggregate, have, or reasonably be expected to have, a Company Material Adverse Effect. The Company has the all requisite corporate or other requisite entity power and authority to own, operate, lease, hold, hold and encumber and, to the extent applicable, operate its properties and to carry on its business as now conducted.

Existence; Good Standing; Compliance with Law. (a) The Company is a corporation duly incorporatedformed, validly existing and in good standing under the Laws of the State of Maryland. Section 4.1(a4.1(a)(i) of the Company Disclosure Schedule lists the jurisdictions in which the Company is duly qualified or licensed to do business as a foreign corporation or other entitycorporation. The Except as set forth in Section 4.1(a)(ii) of the Company Disclosure Schedule, the Company is duly qualified or licensed to do business as a foreign corporation or other entity and is in good standing under the Laws of any other jurisdiction in which the character of the properties owned, leased or operated by it therein or in which the transaction of its business makes such qualification or licensing necessary, except where the failure to be so qualified or licensed or in good standing would not, individually or in the aggregate, have, or reasonably be expected to have, a Company Material Adverse Effect. The Company has the all requisite corporate or other requisite entity power and authority to own, operate, lease, hold, hold and encumber and, to the extent applicable, operate its properties and to carry on its business as now conducted.