Common use of Corporate Organization and Standing Clause in Contracts

Corporate Organization and Standing. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada. The Company has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this agreement and the transactions contemplated in this agreement.

Corporate Organization and Standing. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada. The Company Nevada and has the all requisite corporate power and authority to own or lease its properties and to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this agreement and the transactions contemplated in this agreement.

Corporate Organization and Standing. The Company Corporation is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada. The Company Corporation has the requisite corporate power to carry on its business as presently conducted, conducted and as proposed or contemplated to be conducted in the future, future and to enter into and carry out the provisions of this agreement Agreement and the transactions contemplated hereby. The Corporation is presently qualified to do business as a foreign corporation in this agreementany jurisdiction where the failure to be so qualified would have a material adverse affect on the Company's business.

Corporate Organization and Standing. The Company Corporation is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada. The Company Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this agreement Agreement and the transactions contemplated hereby. The Corporation is duly qualified to do business in this agreementthe jurisdictions where it is currently doing business.