Common use of Incorporation and Good Standing of the Company and its Significant Subsidiaries Clause in Contracts

Incorporation and Good Standing of the Company and its Significant Subsidiaries. Each of the Company and each of its significant subsidiaries (as defined in Rule 1-02(w) of Regulation S-X, the “Significant Subsidiaries”) has been duly incorporated or formed and is validly existing as a corporation or other business entity in good standing (to the extent such concept is applicable) under the laws of the jurisdiction of its incorporation or formation and has the corporate or other business entity power and authority to own or lease, as the case may be, and operate its properties and to conduct its business as described in the Disclosure Package and the Prospectus and, in the case of the Company, to enter into and perform its obligations under this Agreement. Each of the Company and each Significant Subsidiary is duly qualified as a foreign corporation or other business entity to transact business and is in good standing (to the extent such concept is applicable) in each 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 qualify or to be in good standing (to the extent such concept is applicable) would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the financial condition, earnings, business, properties, operations or prospects of the Company and its subsidiaries, taken as a whole (a “Material Adverse Effect”). The Company does not have any subsidiary not listed on Exhibit 21 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 which is required to be so listed.

Incorporation and Good Standing of the Company and its Significant Subsidiaries. Each of the Company and each of its significant subsidiaries (as defined in Rule 1-02(w) of Regulation S-X, the “Significant Subsidiaries”) has been duly incorporated or formed and is validly existing as a corporation or other business entity in good standing (to the extent such concept is applicable) under the laws of the jurisdiction of its incorporation or formation and has the corporate or other business entity power and authority to own or lease, as the case may be, and operate its properties and to conduct its business as described in the Disclosure Package and the Prospectus and, in the case of the Company, to enter into and perform its obligations under this Agreement. Each of the Company and each Significant Subsidiary is duly qualified as a foreign corporation or other business entity to transact business and is in good standing (to the extent such concept is applicable) in each 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 qualify or to be in good standing (to the extent such concept is applicable) would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the financial condition, earnings, business, properties, operations or prospects of the Company and its subsidiaries, taken as a whole (a “Material Adverse Effect”). The Company does not have any subsidiary not listed on Exhibit 21 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 2011 which is required to be so listed.

Incorporation and Good Standing of the Company and its Significant Subsidiaries. Each of the Company and each of its significant subsidiaries (as defined in Rule 1-02(w) of Regulation S-X, the “Significant Subsidiaries”) has been duly incorporated or formed and is validly existing as a corporation or other business entity in good standing (to the extent such concept is applicable) under the laws of the jurisdiction of its incorporation or formation and has the corporate or other business entity power and authority to own or lease, as the case may be, and operate its properties and to conduct its business as described in the Disclosure Package and the Prospectus and, in the case of the Company, to enter into and perform its obligations under this Agreement. Each of the Company and each Significant Subsidiary is duly qualified as a foreign corporation or other business entity to transact business and is in good standing (to the extent such concept is applicable) in each 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 qualify or to be in good standing (to the extent such concept is applicable) would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the financial condition, earnings, business, properties, operations or prospects of the Company and its subsidiaries, taken as a whole (a “Material Adverse Effect”). The Company does not have any subsidiary not listed on Exhibit 21 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 2013 which is required to be so listed.