Document ID: 12203

Text:
(a)Organization Good Standing and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida and has all corporate power and authority required (i) to own, operate and occupy its properties and to carry on its business as presently conducted and (ii) to enter into this Agreement and to consummate the transactions contemplated hereby. The Company is qualified to do business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect. As used in this Agreement, Material Adverse Effect means a material adverse effect on, or a material adverse change in, the business, operations, financial condition, results of operations, properties, prospects, assets or liabilities of the Company, taken as a whole, or on the transactions contemplated hereby and the other agreements, instruments and documents contemplated hereby or on the authority or ability of the Company to perform its obligations under this Agreement.

Named Entities:
28
30
Court

Tokenized Text:
(
a
)
Organization
Good
Standing
and
Qualification
.
The
Company
is
a
corporation
duly
organized
,
validly
existing
and
in
good
standing
under
the
laws
of
the
State
of
Florida
and
has
all
corporate
power
and
authority
required
(
i
)
to
own
,
operate
and
occupy
its
properties
and
to
carry
on
its
business
as
presently
conducted
and
(
ii
)
to
enter
into
this
Agreement
and
to
consummate
the
transactions
contemplated
hereby
.
The
Company
is
qualified
to
do
business
and
is
in
good
standing
in
each
jurisdiction
in
which
the
failure
to
so
qualify
would
have
a
Material
Adverse
Effect
.
As
used
in
this
Agreement
,
Material
Adverse
Effect
means
a
material
adverse
effect
on
,
or
a
material
adverse
change
in
,
the
business
,
operations
,
financial
condition
,
results
of
operations
,
properties
,
prospects
,
assets
or
liabilities
of
the
Company
,
taken
as
a
whole
,
or
on
the
transactions
contemplated
hereby
and
the
other
agreements
,
instruments
and
documents
contemplated
hereby
or
on
the
authority
or
ability
of
the
Company
to
perform
its
obligations
under
this
Agreement
.