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 the State of Florida and has all requisite corporate power and authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted.

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida Florida, and has all requisite corporate power and authority is entitled to own and operate or lease its properties and to carry on its business as and in the places where such properties are now conducted owned, leased or operated. The Company has full corporate power and as proposed other authority to be conductedenter into this Agreement and to consummate the transactions contemplated hereby.

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Florida and has standing, with all requisite corporate power and authority to own and operate its properties and to carry on its business as now conducted and as proposed presently conducted. The Company is qualified to be conducteddo business in all other jurisdictions where it does or plans to do business.

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Florida and has standing, with all requisite corporate power and authority to own and operate its properties and to carry on its business as now conducted and as proposed to be presently conducted.

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida and has all requisite full corporate power and authority to own and operate its properties enter into this Agreement and to carry on its business as now conducted and as proposed to be conductedconsummate the transactions contemplated hereby.

Organization and Standing of the Company. The Company is a corporation ------------------------------------------- duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Florida and has standing, with all requisite corporate power and authority to own and operate its properties and to carry on its business as now conducted and as proposed to be presently conducted.