Common use of Organization; Ownership Clause in Contracts

Organization; Ownership. Such Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation or incorporation and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.

Organization; Ownership. Such The Purchaser is a corporation duly organized, validly existing and in good standing under the laws Laws of the jurisdiction of its jurisdiction of formation or incorporation and incorporation. The Purchaser has all requisite legal and corporate power and authority to own, own and operate and lease its properties and to carry on its business as now conducted and as proposed to be conducted, and is duly qualified to transact business in each jurisdiction in which it is being conducted on the date of this Agreementconducts and proposes to conduct business.

Organization; Ownership. Such (i) The Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation or incorporation organization and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.

Organization; Ownership. Such Initial Purchaser is duly organized, validly existing and in good standing (to the extent that the concept of “good standing” is recognized by the applicable jurisdiction) under the laws of its jurisdiction of formation or incorporation organization and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.

Organization; Ownership. Such Purchaser is duly organized, validly existing and in good standing under the laws of its the jurisdiction of formation or incorporation its organization and has all the requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.

Organization; Ownership. Such The Initial Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation or incorporation organization and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.

Organization; Ownership. Such Purchaser is duly organized, validly existing and in good standing (to the extent that the concept of “good standing” is recognized by the applicable jurisdiction) under the laws of its jurisdiction of formation or incorporation organization and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.