Common use of Organization of the Company Clause in Contracts

Organization of the Company. The Company is a corporation duly incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documents. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated organized, validly existing and existing in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own own, lease and operate its properties and to carry on its business as now being conducted. The Except as set forth in the SEC Documents, the Company does not have any subsidiaries and does not own more that than fifty percent (50%) of the outstanding capital stock of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated organized, validly existing and existing in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own own, lease and operate its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except Except as set forth in the SEC Documents, the Company does not own more than 50% of the outstanding capital stock of or control any other Person. The Company is duly qualified and is in good standing as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated organized, validly existing and existing in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own own, lease and operate its properties and to carry on its business as now being conducted. The Except as set forth in the SEC Documents, the Company does not have any subsidiaries and does not own more that than fifty percent (50%) of the outstanding capital stock of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated and existing in good standing under the laws of the State Commonwealth of Delaware Pennsylvania and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documents. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Except as set forth on the Disclosure Schedules, the Company does not have any subsidiaries subsidiaries, and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly --------------------------- incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documents. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation --------------------------- duly incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documents. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Company does not have any subsidiaries and does not own more that than fifty percent (50%) of or control any other business entity except as set forth in the SEC Documents. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conductedconducted except as described in the SEC Documents. The Except for Tech International of Virginia, Inc., the Company does not have any subsidiaries and does not own more that fifty percent (50%) of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not reasonably be expected to have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly incorporated organized and validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite corporate power and authority to own own, lease and operate its properties and to carry on its business as now being conducted. The Except as set forth in Schedule 4.1, the Company does not have any subsidiaries and does not own more that than fifty percent (50%) of the outstanding capital stock of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Organization of the Company. The Company is a corporation duly --------------------------- incorporated and existing in good standing under the laws of the State of Delaware and has all requisite corporate authority to own its properties and to carry on its business as now being conducted. The Other than the subsidiaries listed on Schedule 4.1, the Company does not have any subsidiaries and does not own more that than fifty percent (50%) of or control any other business entity except as set forth in the SEC Documentsentity. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.