Common use of Status of Tenant Clause in Contracts

Status of Tenant. Tenant is a corporation duly organized and validly existing in good standing under the laws of the State of Delaware qualified in other jurisdictions where necessary in order to conduct its business and has all necessary power to carry on its business as now being conducted, to operate its properties as now being operated, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.

Status of Tenant. Tenant is a corporation duly organized and validly existing in good standing under the laws of the State of Delaware Delaware; is qualified to transact business as a foreign corporation in those other jurisdictions where necessary in order to conduct its business business; and has all necessary power to carry on its business as now being conducted, to operate its properties as now being operated, to carry on its contemplated business, to enter into this Agreement and to observe and perform its termsobligations under this Agreement.

Status of Tenant. Tenant is a corporation limited liability company duly organized and validly existing in good standing under the laws of the State of Delaware qualified in other jurisdictions where necessary in order to conduct its business and has all necessary power to carry on its business as now being conducted, to operate its properties as now being operated, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.