Common use of Organization and Good Standing of the Company Clause in Contracts

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority to own, lease and operate its properties and conduct its business in all material respects as described in the Registration Statement, the Time of Sale Information and the Prospectus. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified and in good standing would not, individually or in the aggregate, have a material adverse effect on the operations, business, prospects, properties, financial condition or results of operation of the Company and its Subsidiaries taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority to own, lease and operate its properties and conduct its business in all material respects as described in the Registration Statement, the Time of Sale Information and the ProspectusOffering Memorandum. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified and in good standing would not, individually or in the aggregate, have a material adverse effect on the operations, business, prospects, properties, financial condition or results of operation of the Company and its Subsidiaries subsidiaries taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and incorporated, is validly existing as a corporation in good standing under the laws of the State of DelawareMaryland, with full has the corporate power and authority to ownown or lease, lease as the case may be, its property and operate its properties and to conduct its business in all material respects as described in each of the Registration Statement, the Time of Sale Information and the Prospectus. The Company Prospectus and is duly qualified to do transact business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or in which the conduct of its business or its ownership or leasing of property requires such qualification, except where to the extent that the failure to be so qualified and or be in good standing would not, individually or in the aggregate, not have a material adverse effect on the operationscondition, financial or otherwise, or in the earnings, business, prospects, properties, financial condition operations, or results of operation prospects of the Company Company, the Operating Partnership and its the Subsidiaries taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority to own, lease and operate its properties and conduct its business in all material respects as described in the Registration Statement, the Time of Sale Information and the Prospectus. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified and in good standing would not, individually or in the aggregate, have a material adverse effect on the operations, business, prospects, properties, financial condition or results of operation of the Company and its Subsidiaries Subsidiary Guarantors taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly an existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority (corporate and other) to own, lease and operate own its properties and conduct its business in all material respects as described in the Registration Statement, the Time of Sale Information Pricing Disclosure Package; and the Prospectus. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the all other jurisdictions in which its ownership or leasing lease of its properties property or the conduct of its business requires such qualification, except where the failure to be so duly qualified and or in good standing would not, individually or in the aggregate, have a material adverse effect on the condition (financial or otherwise), results of operations, business, prospects, properties, financial condition business or results of operation properties of the Company and its Subsidiaries subsidiaries taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and incorporated, is validly existing as a corporation in good standing under the laws of the State of DelawareMaryland, with full has the corporate power and authority to ownown or lease, lease as the case may be, its property and operate its properties and to conduct its business in all material respects as described in each of the Registration Statement, the Time of Sale Information General Disclosure Package and the Prospectus. The Company Prospectus and is duly qualified to do transact business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or in which the conduct of its business or its ownership or leasing of property requires such qualification, except where to the extent that the failure to be so qualified and or be in good standing would not, individually or in the aggregate, not have a material adverse effect on the operationscondition, financial or otherwise, or in the earnings, business, prospects, properties, financial condition operations, or results of operation prospects of the Company Company, the Operating Partnership and its the Subsidiaries taken as a whole (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority (corporate and other) to own, lease and operate its properties and conduct its business in all material respects as described in the Registration StatementApplicable Memoranda and to enter into and perform its obligations under this Agreement, the Time of Sale Information and the Prospectus. The Company is has been duly qualified to do business as a foreign corporation for the transaction of business and is in good standing under the laws of each other jurisdiction in each jurisdiction where the ownership which it owns or leasing of its leases properties or the conduct of its conducts any business requires so as to require such qualification, except where the failure so to qualify or be so qualified and in good standing would not, individually or in the aggregate, not have a material adverse effect on the operations, business, prospects, properties, financial condition or position, results of operation operations or business prospects of the Company and its Subsidiaries taken as a whole or would prevent or impair the consummation of the transactions contemplated by this Agreement (a “Material Adverse Effect”).

Organization and Good Standing of the Company. The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with full corporate power and authority to own, lease and operate its properties and conduct its business in all material respects as described in the Registration Statement, the Time of Sale Information and the ProspectusOffering Memorandum. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified and in good standing would not, individually or in the aggregate, have a material adverse effect on the operations, business, prospects, properties, financial condition or results of operation of the Company and its Subsidiaries Subsidiary Guarantors taken as a whole (a “Material Adverse Effect”).