Common use of Organization, Powers, Existence, Etc Clause in Contracts

Organization, Powers, Existence, Etc. (a) Hibbett and each ----------------------------------- Consolidated Entity (other than Immaterial Subsidiaries) are duly organized, validly existing and in good standing under the laws of the state in which it is incorporated, (b) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power and authority to own its properties and assets and to carry on its business as now being conducted, (c) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power to execute, deliver and perform the Loan Documents to which they are a party, (d) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) are duly qualified to do business in each state with respect to which the failure to be so qualified would have a Material Adverse Effect and (e) except as set forth in Exhibit J hereto, Hibbett and each Consolidated --------- Entity has not done business under any other name, trade name or otherwise within the five years immediately preceding the Closing Date.

Organization, Powers, Existence, Etc. (a) Hibbett and each ----------------------------------- Consolidated Entity (other than Immaterial Subsidiaries) are duly organized, validly existing and in good standing under the laws of the state in which it is incorporated, (b) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power and authority to own its properties and assets and to carry on its business as now being conducted, (c) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power to execute, deliver and perform the Loan Documents to which they are a party, (d) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) are duly qualified to do business in each state with respect to which the failure to be so qualified would have a Material Adverse Effect and (e) except as set forth in Exhibit J H hereto, Hibbett and each Consolidated --------- Entity has not done business under any other name, trade name or otherwise within the five years immediately preceding the Closing Date.

Organization, Powers, Existence, Etc. (a) Hibbett and each ----------------------------------- Consolidated Entity (other than Immaterial Subsidiaries) are duly organized, validly existing and in good standing under the laws of the state in which it is incorporated, (b) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power and authority to own its properties and assets and to carry on its business as now being conducted, (c) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power to execute, deliver and perform the Loan Documents to which they are a party, (d) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) are duly qualified to do business in each state with respect to which the failure to be so qualified would have a Material Adverse Effect and (e) except as set forth in Exhibit J D hereto, Hibbett and each Consolidated --------- Entity has not done business under any other name, trade name or otherwise within the five years immediately preceding the Closing Date.

Organization, Powers, Existence, Etc. (a) Hibbett and each ----------------------------------- Consolidated Entity (other than Immaterial Subsidiaries) are duly organized, validly existing and in good standing under the laws of the state in which it is incorporated, (b) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power and authority to own its properties and assets and to carry on its business as now being conducted, (c) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) have the corporate power to execute, deliver and perform the Loan Documents to which they are a party, (d) Hibbett and each Consolidated Entity (other than Immaterial Subsidiaries) are duly qualified to do business in each state with respect to which the failure to be so qualified would have a Material Adverse Effect and (e) except as set forth in Exhibit J D hereto, Hibbett and each Consolidated --------- Entity has not done business under any other name, trade name or otherwise within the five years immediately preceding the Closing Date.