Common use of Corporate Existence and Standing Clause in Contracts

Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation corporation, partnership (in the case of Subsidiaries only) or limited liability company duly and properly incorporatedincorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effectconducted.

Corporate Existence and Standing. Each of the Borrower and its the Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where the failure to be so qualified or authorized could have that authority would not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where the failure to be so qualified or authorized have such authority could not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the Borrower and its Subsidiaries each Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its respective jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the The Borrower and its Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed conducted, except to be conducted except where the extent that failure to be so qualified in good standing or authorized to have any requisite authority could not reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the The Borrower and its Subsidiaries each Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its respective jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.