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

Organization, Existence and Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Delaware and has full corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as presently conducted.

Organization, Existence and Good Standing. Seller is a corporation limited liability company duly organizedformed, validly existing and in good standing under the Laws laws of the state State of Delaware and Delaware. Seller has full corporate power and authority to own, lease and operate own all of its properties and assets and to carry on its business as presently it is now conducted.

Organization, Existence and Good Standing. Seller is a corporation corporation, duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has full corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as presently conductedDelaware.

Organization, Existence and Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Delaware and Delaware. Seller has full all necessary corporate power and authority to ownenter into the Transaction Agreements, lease and operate all of to carry out its properties and assets obligations thereunder and to carry on its business as presently conductedconsummate the transactions contemplated thereby.

Organization, Existence and Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state of Delaware and has full corporate power and authority to own, lease and operate all of its properties and assets and to carry on its business as presently now being conducted, to own and operate its properties and assets, and to perform all of its obligations under the Transaction Documents. Seller is qualified to do business in Nevada and any other jurisdiction in which failure to qualify could have a Material Adverse Effect on the Assets or the rights of Buyer under this Agreement.