Common use of Entry Into Agreements Clause in Contracts

Entry Into Agreements. (a) ORGANIZATION AND GOOD STANDING. UbiquiTel and each of the Merger Subs are corporations duly organized and validly existing under the laws of the jurisdictions in which each corporation is incorporated and are in good standing under such laws. UbiquiTel Parent owns, beneficially and of record, all of the issued and outstanding shares of capital stock of UbiquiTel and each Merger Sub.