Common use of Organization, Existence and Good Standing Clause in Contracts

Organization, Existence and Good Standing. MedPartners is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. MedPartners has all necessary corporate power to own its properties and assets and to carry on its business as presently conducted. MedPartners is not, and has not been within the two years immediately preceding the date of this Plan of Merger, a subsidiary or division of another corporation, nor has MedPartners within such time owned, directly or indirectly, any PhyCor Shares.

Organization, Existence and Good Standing. MedPartners is a corporation duly organized, organized and validly existing and is in good standing under the laws of the State of Delaware. MedPartners has all necessary corporate power to own its properties and assets and to carry on its business as presently conducted. MedPartners is not, and has not been within the two years immediately preceding the date of this Plan of Merger, a subsidiary or division of another corporation, nor has MedPartners within such time owned, directly or indirectly, any PhyCor SharesSheer, Aheaxx Xxxres.

Organization, Existence and Good Standing. MedPartners is a corporation duly organized, organized and validly existing and is in good standing under the laws of the State of Delaware. MedPartners has all necessary corporate power to own its properties and assets and to carry on its business as presently conducted. MedPartners is not, and has not been within the two years immediately preceding the date of this Plan of Merger, a subsidiary or division of another corporation, nor has MedPartners within such time owned, directly or indirectly, any PhyCor Cardinal Shares.

Organization, Existence and Good Standing. MedPartners is a corporation duly organized, organized and validly existing and is in good standing under the laws of the State of Delaware. MedPartners has all necessary corporate power to own its properties and assets and to carry on its business as presently conducted. MedPartners is not, and has not been within the two years immediately preceding the date of this Plan of Merger, a subsidiary or division of another corporation, nor has MedPartners within such time owned, directly or indirectly, any PhyCor ASG Shares.