Common use of Borrowing Entity Clause in Contracts

Borrowing Entity. Borrower is a Delaware corporation, which is duly organized and validly existing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership structure or formation documents of Borrower since the inception of the Loan.

Borrowing Entity. Borrower is Borrowers are a Delaware corporation, which is duly organized and organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership ownership, structure or formation of documents of Borrower Borrowers since the inception of the LoanLoans. In each state in which Borrowers do business, it is properly licensed and in good standing. This Modification, and any instrument of agreement required hereunder are within Borrowers' with any of Borrowers' organizational papers.

Borrowing Entity. Borrower is a Delaware corporation, which is duly organized and organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership ownership, structure or formation of documents of Borrower since the inception of the LoanLoans. In each state in which Borrower does business, it is properly licensed and in good standing. This Agreement, and any instrument of agreement required hereunder are within Borrower's powers, have been duly authorized, and do not conflict with any of Borrower's organizational papers.

Borrowing Entity. Each Borrower is a Delaware corporation, which is duly organized and organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership ownership, structure or formation documents of Borrower Borrowers since the inception of the Loan. In each state in which each Borrower does business, it is properly licensed, in good standing, and, where required, in compliance with fictitious name statutes.