Common use of Borrowing Entity Clause in Contracts

Borrowing Entity. Borrower is a corporation having its chief executive office in the State of California. Borrower’s state of incorporation is California and Borrower is validly existing under the laws of that State. There have been no changes in the legal structure of Borrower since the inception of the Loan. Borrower’s exact legal name is set forth in the first paragraph of this Agreement.

Borrowing Entity. Borrower is a corporation limited liability company having ---------------- its chief executive office in the State of California. Borrower’s 's state of incorporation organization is California and Borrower is validly existing under the laws of that State. There have been no changes in the legal organization, composition, ownership structure or formation documents of Borrower since the inception of the Loan. Borrower’s 's exact legal name is set forth in the first paragraph of this Agreement.