Common use of Organization and Corporate Power Clause in Contracts

Organization and Corporate Power. The Company is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

Organization and Corporate Power. The Company is a company duly organized, incorporated and validly existing, existing and in good standing as a company under the laws of the its jurisdiction of its formation incorporation and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and conducted. The Company is qualified as proposed to be conducteda foreign corporation in good standing in each jurisdiction in which it owns or leases real property or maintains employees.

Organization and Corporate Power. The Company has been duly incorporated and organized and is duly organized, validly existing, subsisting and in good standing under the laws of the its jurisdiction of its formation and has all requisite full corporate right, power and authority to enter into and perform its obligations under this Agreement and has full corporate right, power and authority to own and operate its properties and to carry on its business as presently conducted and as proposed to be conductedbusiness.

Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Organization and Corporate Power. The Company has been duly incorporated and organized and is duly organized, validly existing, subsisting and in good standing under the laws of the its jurisdiction of its formation and has all requisite full corporate right, power and authority to enter into and perform its obligations under the Agreement to which it is or shall be a party and has full corporate right, power and authority to own and operate its properties and to carry on its business as presently conducted and as proposed to be conducted.business;

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted. The Company is duly licensed or qualified to do business as a foreign corporation in each jurisdiction wherein the character of its property, or the nature of the activities presently conducted by it, makes such qualification necessary and as proposed where the failure to be conductedso qualified would have a material adverse effect on the business, condition or results of operations of the Company.

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction state of its formation incorporation, and the Company has all requisite corporate power and authority necessary to own and operate its properties and to carry on its businesses as now conducted. The Company is qualified to do business in every jurisdiction in which its ownership of property or the conduct of its businesses as presently now conducted and as proposed requires it to qualify, except where the failure to be conductedso qualified would not have a Material Adverse Effect. True and complete copies of the certificate of incorporation and bylaws of the Company have been made available to the Buyer.

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing as a corporation under the laws of the jurisdiction of its formation British Virgin Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conductedconducted (including following the Business Combination). The Company has no subsidiaries.

Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation organization and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Organization and Corporate Power. The Company is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation organization and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and conducted. The Company is qualified as proposed a foreign corporation in good standing in each jurisdiction in which it owns or leases real property or maintains employees, except where the failure to so qualify could not reasonably be conductedexpected to have a Material Adverse Effect.

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted. Except as set forth on Schedule 3.1, the Company is duly licensed or qualified to do business as a foreign corporation in each jurisdiction where the character of its property, or the nature of the activities presently conducted and as proposed by it, makes such qualification necessary, except where the failure to so qualify or be conductedlicensed would not have a material effect adverse on the business or assets of the Company.