Common use of Organization and Organizational Power Clause in Contracts

Organization and Organizational Power. The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware, 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 business as now conducted requires it to qualify, except where the failure to be so qualified has not had and would not reasonably be expected to have a Material Adverse Effect.

Organization and Organizational Power. The Company is a corporation limited liability company duly organized, validly existing and in good standing under the Laws laws of the State of Delaware, and the Company has all requisite corporate limited liability company 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 business as now conducted requires it to qualify, except where the failure to be so qualified has not had and would not reasonably be expected to have a Material Adverse Effect.

Organization and Organizational Power. (a) The Company is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware, and the . 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 business as now conducted requires it to qualify, except where the failure to be so qualified has not had have such power and authority would not reasonably be expected to have a Material Adverse Effect. The Company has made available to the Purchaser correct and complete copies of the Company’s Governing Documents, which documents reflect all amendments made thereto.

Organization and Organizational Power. (a) The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware, with full corporate power and the authority to enter into this Agreement and perform its obligations hereunder. The Company has all material requisite corporate power and authority necessary to own own, lease and operate its properties and to carry on its businesses as they are now being conducted. The Company is duly qualified in all material respects to do business in every jurisdiction in which its ownership ownership, leasing and operation of property or the conduct of its business as it is now being conducted requires it to qualify, except where the failure to be so qualified has not had and would not reasonably be expected to have a Material Adverse Effect.