Common use of Organization, Authority and Qualification Clause in Contracts

Organization, Authority and Qualification. (a) The Company and each of its Post-closing Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of incorporation, and in good standing in all jurisdictions in which the failure to qualify or be in good standing could materially adversely affect the consummation or the validity of the transactions provided for in this Agreement.

Organization, Authority and Qualification. (a) The Company and each of its Post-closing Closing Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of incorporation, and in good standing in all jurisdictions in which the failure to qualify or be in good standing could materially adversely affect the consummation or the validity of the transactions provided for in this Agreement.