Common use of Good Standing of the Corporation Clause in Contracts

Good Standing of the Corporation. The Corporation (i) has been duly incorporated under the Act and is up-to-date in all material corporate filings and in good standing under the Act, (ii) has all requisite corporate power and capacity to carry on its business as now conducted and to own, lease and operate its properties and assets, including the Business Assets, and (iii) has all requisite corporate power and authority to create, issue and sell the Offered Securities and Compensation Securities and to enter into and carry out its obligations under the Transaction Documents.

Good Standing of the Corporation. The Corporation (i) has been duly incorporated under the Act and is up-to-date in all material corporate filings and in good standing under the Act, ; (ii) has all requisite corporate power and capacity to carry on its business as now conducted and to own, lease and operate its properties and assets, including the Business Assets, ; and (iii) has all requisite corporate power and authority to create, issue and sell the Offered Securities and Compensation Securities Securities, to grant the Over-Allotment Option and to enter into and carry out its obligations under the Transaction Documents.

Good Standing of the Corporation. The Corporation (i) has been duly incorporated under the Act and is up-to-date in all material corporate filings and in good standing under the Act, ; (ii) has all requisite corporate power and capacity to carry on its business as now conducted and to own, lease and operate its properties and assets, including the Business Assets, ; and (iii) has all requisite corporate power and authority to create, issue and sell the Offered Securities and Compensation Securities and to enter into and carry out its obligations under the Transaction Documents.

Good Standing of the Corporation. The Corporation (i) has been is duly incorporated and validly existing under the Act and is up-to-date in all material corporate filings and in good standing under the Act, ; (ii) has all requisite corporate power and capacity to carry on its business as now conducted disclosed in the Offering Documents, and to own, lease and operate its properties and assets, including the Business Assets, ; and (iii) has all requisite corporate power and authority to create, issue and sell deliver the Offered Securities and Compensation Broker Securities and to enter into and carry out its obligations under the Transaction Documents.

Good Standing of the Corporation. The Corporation (i) has been duly incorporated under the Act and is up-up- to-date in all material corporate filings and in good standing under the Act, ; (ii) has all requisite corporate power and capacity to carry on its business as now conducted and to own, lease and operate its properties and assets, including the Business Assets, ; and (iii) has all requisite corporate power and authority to create, issue and sell the Offered Securities and Compensation Securities and to enter into and carry out its obligations under the Transaction Documents.