Common use of Organization and Qualification Clause in Contracts

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is a corporation duly incorporated or organized and organized, validly existing and in good standing under the laws of its jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified to do business as a foreign corporation to do business and is in good standing in every each jurisdiction in which the nature of the business conducted by it makes such qualification necessaryis required, except to the extent that where the failure to be so qualified or be in good standing qualify would not individually or in the aggregate have a Material Adverse Effect material adverse effect on the financial condition, results of operations, properties or business of the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all requisite in which it is incorporated, with full power and authority (corporate power and other) to own own, lease, use and operate its properties and to carry on its business as and where now being owned, leased, used, operated and conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that where the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all requisite in which it is incorporated, with full corporate power and authority corporate power to own own, lease, use and operate its properties and to carry on its business as and where now being owned, leased, used, operated and conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that where the failure to be so qualified or be in good standing in each such jurisdiction would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite corporate power and authority corporate power to own its properties and to carry on its business as now being presently conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly -------------------------------- incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries (if any) is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except to the extent that necessary and where the failure to be so qualified or be in good standing qualify would not have a Material Adverse Effect on with respect to the Company and its subsidiaries taken as a wholeCompany.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization formation, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken Effect, as a wholedefined below.

Organization and Qualification. The Company is duly -------------------------------- incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite corporate power and authority corporate power to own its properties and to carry on its business as now being presently conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization formation and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken Effect, as a wholedefined below.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite corporate power and corporate authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a wholeCompany.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries has no subsidiaries. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a wholeCompany.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries subsidiary is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or to be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries subsidiary taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that where the failure to be so qualified or be qualify is not reasonably likely to result in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeChange.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries subsidiary is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries subsidiary taken as a whole.

Organization and Qualification. The Company is and each of its Subsidiaries has been duly incorporated or organized and is validly existing in good standing under the laws of its respective jurisdiction of its incorporation or organization and has all incorporation, with the requisite power and authority corporate power to own its properties and to carry on conduct its business as now being currently conducted. Each of the Company and its subsidiaries is Subsidiaries has been duly qualified as a foreign corporation to do or organization for the transaction of business and is in good standing in every under the laws of each other jurisdiction in which the nature of the its properties or business conducted by it makes requires such qualification necessaryqualification, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.be

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all incorporation, with the requisite power and authority corporate power to own and use its properties and assets and to carry on its business as now being currently conducted. Each The Company is not in violation of any of the provisions of its articles of incorporation, bylaws or other organizational or charter documents. The Company and its subsidiaries is duly qualified as a foreign corporation to do conduct its business and is in good standing as a foreign corporation or other entity in every each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite corporate power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and organized, validly existing and in good standing under the laws of its jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified to do business as a foreign corporation to do business and is in good standing in every each jurisdiction in which the nature of the business conducted by it makes such qualification necessaryis required, except to the extent that where the failure to be so qualified or be in good standing qualify would not individually or in the aggregate have a Material Adverse Effect material adverse effect on the financial condition, results of operations, properties, business or prospects of the Company and its subsidiaries taken as a wholewhole (a "Material Adverse Effect").

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the Company and its subsidiaries is or will duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is within ten (10) days of the date hereof will be in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeCompany.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so -8- qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized organized, validly existing, and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization incorporation, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every each jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company. The Company and its subsidiaries taken as a wholehas no subsidiaries.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the where such failure to be so qualified qualify or to be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries business or assets of the Company, taken as a whole.

Organization and Qualification. The Company is duly -------------------------------- incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the Company Forefront and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which they are incorporated, and has all have the requisite power and authority corporate power to own its their properties and to carry on its their business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or ------------------------------ organized and validly existing in under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that necessary and where the failure to be so qualified or be in good standing qualify would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is a corporation duly incorporated or ------------------------------ organized and validly existing in under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that necessary and where the failure so to be so qualified or be in good standing qualify would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite corporate power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing and in good standing under the jurisdiction laws of its incorporation or organization the Republic of the Xxxxxxxx Islands and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is a corporation duly incorporated or organized and validly existing in good standing under the laws of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect material adverse effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the jurisdiction laws of its incorporation or organization the Republic of the Xxxxxxxx Islands and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all the requisite corporate power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and each of its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and incorporated, validly existing and in good standing under the jurisdiction laws of its place of incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly incorporated or organized and organized, validly existing and in good standing under the laws of its jurisdiction of its incorporation or organization and has all requisite formation, with full power and authority corporate power to own own, lease, use and operate its properties and to carry on its business as and where now being owned, leased, used, operated and conducted. Each of the The Company and its subsidiaries is duly qualified to conduct business as a foreign corporation to do business entity and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the where such failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. (a) The Company is a corporation duly incorporated or organized and incorporated, validly existing and in good standing under the Laws of its jurisdiction of its incorporation or organization and has all requisite corporate power and authority corporate power to own own, lease and operate its properties assets and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified to transact business as a foreign corporation to do business and is in good standing in every jurisdiction all jurisdictions in which the nature of the business conducted by it makes such qualification necessaryis required by Law, except to the extent that for jurisdictions in which the failure to be so qualified or be and in good standing would not reasonably be expected to have a Company Material Adverse Effect on the Company and its subsidiaries taken as a whole.Effect. “

Organization and Qualification. The Company is duly incorporated incor- porated or organized and validly existing in the jurisdiction of its incorporation incor- poration or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries subsidiary taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in good standing under the law of the jurisdiction of its incorporation or organization in which it is incorporated, and has all the requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that necessary and where the failure so to be so qualified or be in good standing qualify would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly ------------------------------ incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the The Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the The Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly -------------------------------- incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole. Section 4.2.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a wholeEffect.

Organization and Qualification. The Company is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company Company, CombiMatrix and its subsidiaries Subsidiaries, is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect on the Company and its subsidiaries taken as a whole.

Organization and Qualification. The Company is a corporation duly incorporated or organized and incorporated, validly existing and in good standing under the laws of its jurisdiction of its incorporation or organization incorporation, and has all requisite power and authority corporate power to own its properties and to carry on its business as now being conducted. Each of the Company and its subsidiaries is duly qualified to do business as a foreign corporation to do business and is in good standing in every each jurisdiction in which the nature of the business conducted by it makes such qualification necessaryis required, except to the extent that the where failure to be so qualified or be in good standing qualify would not have a Material Adverse Effect on (as defined herein). The Company has no subsidiaries and does not own any capital stock or other equity securities in any other entity, except instruments or interests held by the Company and its subsidiaries taken as a wholesolely for investment.