Common use of Organization, Standing and Authority; Foreign Qualification Clause in Contracts

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean corporation duly organized, validly existing and in good standing under the laws of Singapore and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean corporation Danish private limited liability company duly organized, validly existing and in good standing under the laws of Singapore Denmark and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean corporation company duly organized, validly existing and in good standing under the laws of Singapore the United Kingdom and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean corporation duly organized, validly existing and in good standing under the laws of Singapore the and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean corporation limited liability company duly organized, validly existing and in good standing under the laws of Singapore the Socialist Republic of Romania and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Organization, Standing and Authority; Foreign Qualification. (a) Target is a Sinaporean British Virgin Islands corporation duly organized, validly existing and in good standing under the laws of Singapore its place of incorporation and has all requisite corporate power and authority to own, lease and operate its respective properties and to conduct its respective business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.