Common use of Good Standing of the Company and the Operating Partnership Clause in Contracts

Good Standing of the Company and the Operating Partnership. Each of the Company and the Operating Partnership has been duly organized and is validly existing as a corporation or limited liability company, as applicable, in good standing under the laws of the state of its organization and has corporate or limited liability company, as applicable, power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement; and each of the Company and the Operating Partnership is duly qualified as a foreign entity to transact business and is in good standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not reasonably be expected to, singly or in the aggregate, result in a Material Adverse Effect.

Good Standing of the Company and the Operating Partnership. Each of the Company Operating Partnership and the Operating Partnership Company has been duly organized incorporated or formed, as applicable, and is validly existing as a corporation or limited liability companypartnership, as applicable, in good standing under the laws of the state jurisdiction of its organization and has corporate incorporation or limited liability companyformation, as applicable, and has the corporate or limited partnership power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement; and each . Each of the Company and the Operating Partnership and the Company is duly qualified as a foreign entity corporation or limited partnership, as applicable, to transact business and is in good standing or equivalent status in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so to qualify or to be in good standing would not reasonably be expected tonot, singly individually or in the aggregate, result in a Material Adverse Effect.

Good Standing of the Company and the Operating Partnership. Each of the Company and the Operating Partnership has been duly organized incorporated or formed, as applicable, and is validly existing as a corporation or limited liability companypartnership, as applicable, in good standing under the laws of the state jurisdiction of its organization and has corporate incorporation or limited liability companyformation, as applicable, and has the corporate or limited partnership power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement; and each . Each of the Company and the Operating Partnership is duly qualified as a foreign entity corporation or limited partnership, as applicable, to transact business and is in good standing or equivalent status in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so to qualify or to be in good standing would not reasonably be expected tonot, singly individually or in the aggregate, result in a Material Adverse Effect.