Common use of Corporate Status Clause in Contracts

Corporate Status. The Borrower is a corporation duly formed and organized and validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized and validly existing in good standing in its under the laws of the jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conductedorganization.

Corporate Status. The Each Borrower is a corporation duly formed and organized and validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in and to own its assets in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized and formed, validly existing and in good standing in under the laws of its jurisdiction of incorporation, . Borrower has the power and authority to own its own property and assets and to transact the business in which it is duly qualified and in good standing as a foreign corporation and authorized engaged. Borrower is not required to qualify to do business in all other jurisdictions wherein the nature of its business any state or property makes such qualification necessary, jurisdiction except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry as set forth on its business as now conductedExhibit F attached hereto.

Corporate Status. The Borrower is a corporation duly formed incorporated and organized and validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower (i) is a corporation duly formed and organized and validly existing corporation in good standing in its under the laws of the jurisdiction of incorporationits organization, (ii) has the corporate power and authority to own its property and assets and to transact the business in which it is engaged or presently proposes to engage, and (iii) has duly qualified and is authorized to do, business and is in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein every jurisdiction in which it owns or leases real property or in which the nature of its business or property makes such qualification necessary, except where its failure requires it to be so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conductedqualified.

Corporate Status. The Borrower Borrower: is a corporation duly formed and organized incorporated and validly existing in good standing in under and by virtue of its jurisdiction state of incorporation, ; is duly licensed and qualified and in good standing as a foreign corporation and authorized to do business in all other states and jurisdictions wherein the nature failure to so qualify would have a material adverse effect on the Borrower's business; and holds in full force and effect all permits, licenses and franchises necessary for it to carry out its operations in conformity with all applicable laws and regulations (other than permits, licenses and franchises the failure of its business which to hold or property makes such qualification necessary, except where its failure so to qualify maintain would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry adverse effect on its business as now conductedthe Borrower's business).

Corporate Status. The Borrower (a) is a corporation duly formed and organized and validly existing corporation in good standing in its under the laws of the jurisdiction of incorporation, its organization and has the corporate power and authority to own its property and assets and to transact the business in which it is engaged and (b) has duly qualified and is authorized to do business and is in good standing (if applicable) in all jurisdictions where it is required to be so qualified, except where the failure to be so qualified, authorized and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have reasonably be expected to result in a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized and validly ---------------- existing corporation in good standing under the laws of the jurisdiction of its incorporation and is duly qualified or licensed as a foreign corporation in good standing in its each jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized which the failure to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.. 5.2

Corporate Status. The Borrower is a corporation duly formed and organized and validly existing corporation in good standing in under the laws of its jurisdiction state of incorporation, is properly licensed and has the corporate power and authority and the legal right to own its property and conduct the business in which it is engaged or presently proposes to engage and is duly licensed and qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein good standing under the nature laws of its business or property makes such qualification necessary, except each jurisdiction where its the failure so to qualify as such would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized and validly existing corporation in good standing in under the laws of its jurisdiction of incorporation, incorporation as set forth on Schedule A hereto and is duly qualified and in good standing or licensed as a foreign corporation and authorized in ---------- good standing in each jurisdiction in which the failure to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a duly organized ----------------- corporation in good standing under the laws of the State of Washington, and has the power and authority to own its properties and to transact the business in which it is engaged or presently proposes to engage. The Borrower is duly formed qualified as a foreign company and organized and validly existing is in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein states where the nature of its business or the ownership or use of property makes requires such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conductedqualification.

Corporate Status. The Borrower (a) is a corporation duly organized or formed and organized and validly existing corporation or other registered entity in good standing under the laws of the jurisdiction of its organization and has the corporate or other organizational power and authority to own its property and assets and to transact the business in which it is engaged and (b) has duly qualified and is authorized to do business and is in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein the nature of its where it does business or property makes such qualification necessaryowns assets, except where its the failure to be so qualified could not reasonably be expected to qualify would not have result in a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized incorporated and validly existing in good standing in its jurisdiction under the laws of incorporation, is duly qualified British Columbia and in good standing as a foreign corporation the Borrower has all necessary corporate power and authorized to do business in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power authority to own its real properties and its material personal properties and to carry on its business as now conductedpresently carried on and is duly licensed, registered or qualified in all jurisdictions where the character of its property owned or leased or the nature of the activities conducted by it makes such licensing, registration or qualification desirable.

Corporate Status. The (A) Borrower is a corporation duly formed and organized and organized, validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation under the laws of its jurisdiction of organization, and authorized has the power and authority to do own its property and assets and to transact the business in all which it is engaged. Borrower has no subsidiaries and is not a subsidiary of any other jurisdictions wherein the nature Person nor does Borrower operate any portion of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conductedthrough any other Person.

Corporate Status. The Borrower is a corporation duly formed and organized and validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in and to own its assets in all other jurisdictions wherein the nature of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, and has full power to own its real properties and its material personal properties and to carry on its business as now conducted.

Corporate Status. The Borrower is a corporation duly formed and organized and organized, validly existing in good standing in its jurisdiction of incorporation, is duly qualified and in good standing as a foreign corporation and authorized to do business in all other jurisdictions wherein under the nature laws of its business or property makes such qualification necessary, except where its failure so to qualify would not have a Material Adverse Effect, the state of incorporation; and has full the corporate power to own and operate its real properties and its material personal properties and properties, to carry on its business as now conducted and to enter into and to perform its obligations under this Agreement and the other Loan Documents to which it is a party. Borrower is duly qualified to do business and in good standing in each state in which a failure to be so qualified would have a material adverse effect on Borrower's financial condition or its ability to conduct its business in the manner now conducted.