Common use of Business Organization Clause in Contracts

Business Organization. It is a company duly organized and validly existing under the laws of, is qualified to do business in the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Business Organization. It is a company duly organized and validly existing under the laws ofof , is qualified to do business in the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Business Organization. It is a company corporation duly organized and organized, validly existing and in good standing under the laws ofof the state of its formation, is qualified to do business in the all jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.