Common use of Organization, Standing and Qualification Clause in Contracts

Organization, Standing and Qualification. (a) The Company is duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws of its jurisdiction of organization and has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently conducted in all material respects. (b) The Company has not filed (or has had filed against it) any petition for its liquidation, dissolution, bankruptcy or winding-up, or is insolvent under the Laws of its jurisdiction of organization.

Organization, Standing and Qualification. (a) The Company is duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws of its jurisdiction of organization and has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently conducted in all material respects. (b) The Company has not filed (or neither filed, nor has had filed against it) , any petition for its liquidation, dissolution, bankruptcy or winding-up, or and is not insolvent under the Laws of its jurisdiction of organization.

Organization, Standing and Qualification. (a1) The Company is duly organized, validly existing and in good standing (to or equivalent status in the extent such concept is recognizedrelevant jurisdiction) under under, and by virtue of, the Laws laws of the place of its jurisdiction of organization incorporation or establishment and has all requisite corporate power and authority to own its properties and assets and to carry on its business. The Company is qualified to do business as presently conducted in all each jurisdiction where failure to be so qualified would have a material respectsadverse effect on its assets, properties or business. (b2) The constitutional documents of the Company has not filed (or has had filed against it) any petition for its liquidation, dissolution, bankruptcy or winding-up, or is insolvent under are in compliance with all applicable laws and regulations and are valid and enforceable among the Laws of its jurisdiction of organizationrelevant parties.

Organization, Standing and Qualification. (a) The Company is duly incorporated or organized, validly existing and in good standing (to or equivalent status in the extent such concept is recognizedrelevant jurisdiction) under the Laws of its the jurisdiction of organization and its incorporation or organization. The Company has all requisite corporate capacity, power and authority to own and operate its properties and assets and to carry on its business as presently now conducted and as proposed to be conducted, and is duly qualified to transact business in all material respectseach jurisdiction in which it conducts and proposes to conduct business. (b) The Company has not filed (or has had filed against it) any petition for its liquidation, dissolution, bankruptcy or winding-up, or is insolvent under the Laws of its jurisdiction of organization.

Organization, Standing and Qualification. (a) The Company is duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws laws of the jurisdiction of its jurisdiction of organization incorporation, and has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently conducted in all material respects. (b) now conducted, and to perform each of its obligations hereunder. The Company has is duly qualified to transact business and is in good standing in every jurisdiction in which the character of the business conducted by it makes such qualification necessary, except where the failure to be so qualified would not filed (have a material adverse effect on the business, operations or has had filed against it) any petition for its liquidation, dissolution, bankruptcy or winding-up, or is insolvent under financial condition of the Laws of its jurisdiction of organizationCompany.