Common use of Due Organization and Qualification Clause in Contracts

Due Organization and Qualification. Each Loan Party and its Subsidiaries is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party (a) is duly formed and its Subsidiaries is an entity duly existing under the laws of the jurisdiction in which it its respective state of formation or incorporation, as applicable, and (b) is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except except, solely in the case of this clause (b), where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each such Loan Party and its Subsidiaries is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party and its Subsidiaries each Subsidiary of a Loan Party is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Borrower and each other Loan Party and its Subsidiaries is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party and its Subsidiaries each Subsidiary is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Such Loan Party and its Subsidiaries is an entity (a) duly existing under the laws of the jurisdiction in which it is organized its state of formation or organization and (b) qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualifiedsuch qualification and licensing is required, except where to the extent failure to do so could obtain such qualification or license would not reasonably be expected to cause have a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party is duly formed and its Subsidiaries is an entity duly existing under the laws of the jurisdiction in which it is organized its state of formation and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party and its Subsidiaries each Subsidiary is an entity duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.. 15 5.2

Due Organization and Qualification. Each Loan Party and its Subsidiaries is an entity duly existing under the laws of the jurisdiction state in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could would not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Loan Party is (a) duly formed and its Subsidiaries is an entity duly existing under the laws of the its state or other jurisdiction in which it is organized of formation and (b) qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except except, solely in the case of this clause (b), where the failure to do so could not reasonably be expected to cause a Material Adverse Effect. Each of the Loan Parties’ Subsidiaries is duly formed and validly existing under the laws of its respective jurisdiction of formation.

Due Organization and Qualification. Each Loan Party and its Subsidiaries is an entity a corporation duly existing under the laws of the jurisdiction state in which it is organized incorporated and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could would not reasonably be expected to cause a Material Adverse Effect.

Due Organization and Qualification. Each Such Loan Party and its Subsidiaries is an entity entity, duly existing under the laws of the jurisdiction in which it is organized and qualified and licensed to do business in any state in which the conduct of its business or its ownership of property requires that it be so qualified, except where the failure to do so could not reasonably be expected to cause a Material Adverse Effect.