Common use of Organization and Standing of the Company Clause in Contracts

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation and has all requisite corporate power and authority (i) to own, lease and operate its properties, to carry on its business as now being conducted and (ii) to execute, deliver and perform its obligations under this Agreement.

Organization and Standing of the Company. The Company is a corporation or other business entity duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporation formation and has all requisite corporate power and authority (i) to own, lease and operate its properties, to carry on its business as now being conducted conducted. The Company is duly qualified to do business and (ii) is in good standing in each jurisdiction in which the failure to executebe so qualified would have a material adverse effect on the business, deliver and perform its obligations under this Agreementfinancial condition or prospects of the Company.

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing under, and in good standing under by virtue of, the laws of its state the State of incorporation Washington, and the Company has all requisite corporate power and authority (i) to own, lease own its properties and operate its properties, assets and to carry on its business as now being conducted and (ii) to execute, deliver and perform its obligations under this Agreementconducted.

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of its the state of its incorporation or organization. The Company is qualified or registered and has all requisite corporate power and authority (i) to own, lease and operate its properties, to carry on its business in good standing as now being conducted and (ii) to execute, deliver and perform its obligations a foreign corporation in each jurisdiction where such qualification or registration is required under this Agreementapplicable Law.

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and corporation in good standing under the laws of its state of incorporation the jurisdiction in which it was organized and has all requisite corporate power and authority (i) to own, lease for the ownership and operate operation of its properties, to carry properties and for the carrying on of its business as now being conducted and (ii) as now proposed to execute, deliver and perform its obligations under this Agreementbe conducted. The Company has no Subsidiaries.

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and corporation in good standing under the laws of its state of incorporation the jurisdiction in which it is organized and has all requisite corporate power and authority (i) to own, lease for the ownership and operate operation of its properties, to carry properties and for the carrying on of its business as now being conducted and (ii) as now proposed to execute, deliver be conducted. The Company is duly licensed or qualified and perform its obligations under this Agreement.in good standing as a foreign

Organization and Standing of the Company. The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of its the state of its incorporation and has all requisite corporate power and authority (i) to own, lease issue the Securities and operate to own its properties, properties and assets and to carry on its business as now being conducted and (ii) as proposed to execute, deliver be conducted. The Company and perform each of its obligations under this Agreement.subsidiaries is duly qualified to transact business and is in good standing in all jurisdictions in which such qualification is

Organization and Standing of the Company. The Company is a corporation duly organizedincorporated, validly existing and in good standing under the laws in its jurisdiction of its state of incorporation and incorporation. The Company has all requisite corporate power and authority (i) to own, lease and operate its properties, to carry on its business as now being conducted and (ii) to execute, deliver and perform its obligations under this Agreementit is presently conducted.