Common use of Due Incorporation and Good Standing Clause in Contracts

Due Incorporation and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, with full and adequate power to carry on and conduct its business as presently conducted, and is duly licensed or qualified in all foreign jurisdictions wherein the failure to be so qualified or licensed would reasonably be expected to have a material adverse effect on the business of the Company.

Due Incorporation and Good Standing. The Company It is a corporation corporation, duly organized, validly existing and in good standing under the laws of the State of DelawareDelaware and is authorized to do business and in good standing in all jurisdictions in which the nature of the business conducted by it under this Agreement makes such authorization necessary and has the requisite power to own and operate its properties, with full and adequate power to carry on and conduct its business as presently conductedand to execute, deliver and is duly licensed or qualified in all foreign jurisdictions wherein the failure to be so qualified or licensed would reasonably be expected to have a material adverse effect on the business of the Companyperform its obligations under this Agreement.