Common use of Corporate Existence and Power Clause in Contracts

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower (a) is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and (b) has all corporate powers and authority and all material governmental licenseslicenses (including, without limitation, any such license issued by a Gaming Board), authorizations, consents and approvals required to own its property and assets and carry on its business as now conductedconducted and (c) is duly qualified as a foreign corporation and in good standing in each jurisdiction where the ownership, leasing and operation of its property or the conduct of its business requires such qualification.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, the State of Delaware and has all corporate powers power and all material governmental licenses, authorizations, consents and approvals authority required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, the State of Delaware and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower (a) is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, the State of Delaware and (b) has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers power and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conductedconducted except those which the failure to have would not have a Material Adverse Effect.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the state of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conductedconducted and is duly qualified to do business as a foreign corporation in each jurisdiction where such qualification is required, except where the failure so to qualify would not have a material adverse effect on the business, financial position or results of operations of the Borrower and its Consolidated Subsidiaries, considered as a whole.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted. Section 4.02.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted, except in any case where the failure to be in good standing or to have such powers, licenses, authorizations, consents or approvals would not, in the aggregate, materially adversely affect the financial position, results of operations or business of the Borrower and its Consolidated Subsidiaries, considered as a whole.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, Delaware and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conductedconducted and is duly qualified to do business as a foreign corporation in each jurisdiction where such qualification is required, except where the failure so to qualify would not have a material adverse effect on the business, financial position or results of operations of the Borrower and its Consolidated Subsidiaries, considered as a whole.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a ------------------------------ corporation duly incorporated, validly existing and in good standing under the laws of Delaware, the State of Delaware and has all corporate powers power and all material governmental licenses, authorizations, consents and approvals authority required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware, is duly qualified to transact business in every jurisdiction where, by the nature of its business, the failure to be so qualified could have or cause a Material Adverse Effect, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delawarethe State of Delaware and is duly qualified and in good standing as a foreign corporation authorized to do business in every jurisdiction where the failure to so qualify would have a material adverse effect on the Borrower. Further, and the Borrower has all corporate powers power and all material governmental licenses, authorizations, consents authority to own and approvals required operate its properties and to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation ----------------------------- duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted. SECTION 4.2.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, organized and validly existing and in good standing under the laws of Delawarethe State of Delaware and is qualified to do business in the Commonwealth, with the full power to own its properties and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on conduct its business as now conductedconducted and to enter into and perform the Bond Documents. The Guarantor is a corporation duly organized and validly existing under the laws of the State of Delaware, with the full power to own its properties and conduct its business as now conducted and to enter into and perform the Guaranty.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly 38 44 existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted. SECTION 4.02.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, 41 and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, is qualified to do business in each other jurisdiction where the conduct of its business or the ownership of its properties requires such qualification, and has all full corporate powers power, authority and all material governmental licenses, authorizations, consents and approvals required legal right to carry on its business as now presently conducted, to own and operate its properties and assets, and to execute, deliver and perform the Loan Documents.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental government licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is ----------------------------- a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware, is duly qualified to transact business in every jurisdiction where, by the nature of its business, such qualification is necessary, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted, unless the failure to be so qualified or to have such corporate powers or governmental licenses, authorizations, consents or approvals would not have a Material Adverse Effect.

Corporate Existence and Power. The Borrower is a ----------------------------- corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of the state of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, incorporated and validly existing and in good standing under the laws of the State of Delaware, is in good standing therein, is duly qualified to transact business in all places where, in the opinion of the Borrower, such qualification is necessary and material, and has corporate power to make this Agreement and to borrow and perform its obligations hereunder. Each Significant Subsidiary is in good standing in its respective jurisdiction of incorporation and is duly qualified to transact business in all corporate powers places where, in the opinion of the Borrower, such qualification is necessary and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conductedmaterial.

Corporate Existence and Power. The Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of Delaware, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Corporate Existence and Power. The Borrower is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of Delaware, Delaware and is qualified to do business and in good standing under the laws of the U.S. Virgin Islands and has all the corporate powers power to make this Agreement and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conductedborrow hereunder.