Common use of Organization, Standing, Power and Subsidiaries Clause in Contracts

Organization, Standing, Power and Subsidiaries. (a) Each of the Company and each Subsidiary is an entity duly organized, validly existing and in good standing under the laws of its jurisdiction of organization. Each of the Company and each Subsidiary has the corporate or limited liability company power, as applicable to own its properties and to conduct its business as now being conducted and is duly qualified to do business and is in good standing in each jurisdiction where the failure to be so qualified and in good standing, individually or in the aggregate with any such other failures, would reasonably be expected to result in liability that is material to the Company. Neither the Company nor any Subsidiary is in violation of any of the provisions of its articles of organization, operating agreement, certificate of incorporation, bylaws or equivalent organizational or governing documents, as applicable to each such organization.

Organization, Standing, Power and Subsidiaries. (a) Each of the Company and each Subsidiary is an entity a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization. Each of the Company and each Subsidiary has the corporate or limited liability company power, as applicable power to own its properties and to conduct its business as now being conducted and as currently proposed by it to be conducted and is duly qualified to do business and is in good standing in each jurisdiction where the failure to be so qualified and in good standing, individually or in the aggregate with any such other failures, would reasonably be expected to result in liability that is material to the Company. Neither the Company nor any Subsidiary is in violation of any of the provisions of its articles Articles of organization, operating agreement, certificate of incorporation, bylaws Incorporation or Bylaws or equivalent organizational or governing documents, as applicable to each such organization.

Organization, Standing, Power and Subsidiaries. (a) Each of the Company and each Subsidiary is an entity a corporation duly organizedincorporated, validly existing and in good standing under the laws of its jurisdiction of organization. Each of the Company and each Subsidiary has the corporate or limited liability company power, as applicable power to own its properties and to conduct its business as now being conducted and as currently proposed by it to be conducted and is duly qualified to do business and is in good standing in each jurisdiction where the failure to be so qualified and in good standing, individually or in the aggregate with any such other failures, would reasonably be expected to result in liability that is material to the Company. Neither the Company nor any Subsidiary is in violation of any of the provisions of its articles Amended and Restated Certificate of organization, operating agreement, certificate of incorporation, bylaws Incorporation or Bylaws or equivalent organizational or governing documents, as applicable to each such organization.

Organization, Standing, Power and Subsidiaries. (a) Each of the Company and each Subsidiary is an entity a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organizationincorporation. Each of the Company and each Subsidiary has the corporate or limited liability company power, as applicable power to own its properties and to conduct its business as now being conducted and as currently proposed by the Company to be conducted and is duly qualified to do business and is in good standing in each jurisdiction where the failure to be so qualified and in good standing, individually or in the aggregate with any such other failures, would reasonably be expected to result in liability that is material to the Company. Neither the Company nor any Subsidiary is in violation of any of the provisions of its articles Amended and Restated Certificate of organization, operating agreement, certificate of incorporation, bylaws Incorporation or Bylaws or equivalent organizational or governing documents, as applicable to each such organization.