Common use of Due Organization, etc Clause in Contracts

Due Organization, etc. The Lessor is a limited partnership duly organized and validly existing in good standing under the laws of Texas and each state in which a Leased Property is located and has full power, authority and legal right to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.

Due Organization, etc. The Lessor is a limited partnership duly --------------------- organized and validly existing in good standing under the laws of Texas and each state in which a Leased Property is located and has full power, authority and legal right to own or to hold under lease its properties and to carry on the business in which it is presently engaged and will be engaged upon consummation of the transactions contemplated hereby or to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.

Due Organization, etc. The Lessor is a limited partnership duly --------------------- organized and validly existing in good standing under the laws of Texas and each state in which a Leased Property is located and has full power, authority and legal right to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.

Due Organization, etc. The Lessor is a limited partnership duly --------------------- organized and validly existing in good standing under the laws of Texas and each is duly qualified as a foreign limited partnership and in good standing in the state in which a the Leased Property is located and has full power, authority and legal right to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.

Due Organization, etc. The Lessor is a limited partnership duly organized and validly existing in good standing under the laws of Texas and is duly qualified and in good standing in each state in which a Leased Property is located and has full power, authority and legal right to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.

Due Organization, etc. The Lessor is a limited partnership ---------------------- duly organized and validly existing in good standing under the laws of Texas and each is duly qualified as a foreign limited partnership and in good standing in the state in which a the Leased Property is located and has full power, authority and legal right to execute, deliver and perform its obligations under the Lease, this Master Agreement and each other Operative Document to which it is or will be a party.