Common use of Incorporation and Organization Clause in Contracts

Incorporation and Organization. Each of the Company and its Subsidiaries has been duly incorporated and organized and is validly existing under the laws of its jurisdiction of incorporation and has the requisite power, authority and capacity to carry on its business as now conducted and to own, lease and operate its property and assets;

Incorporation and Organization. Each of the Company and its Subsidiaries The Corporation has been duly incorporated and organized and is validly existing under the laws of its the jurisdiction of incorporation in which it was incorporated, has all requisite power and has the requisite power, authority and capacity to carry on its business as now conducted and as presently proposed to ownbe conducted, to own or lease and to operate its property properties and assets;.