Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain in good standing as a Delaware corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's business, such qualification may be necessary, except where the failure to so qualify would not have a material adverse effect on the Borrower's business, assets or financial condition.
Due Organization - Corporate Authorization - No Conflicts. (a) Each Loan Party presently is and shall hereafter remain in good standing in its State of organization and each is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Loan Parties’ assets or operation of the Loan Parties’ business, such qualification is necessary, except where the failure to so qualify would not have a Material Adverse Effect.
Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain a subsisting corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's business, such qualification may be necessary.
Due Organization - Corporate Authorization - No Conflicts. (a) Each Borrower presently is and shall hereafter remain in good standing as a corporation, or limited liability company, as the case may be, in the State referenced in the Preamble hereto and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of such Borrower's assets or operation of such Borrower's business, such qualification may be necessary, except for such States in which failure to be so qualified and in good standing would not result in a Material Adverse Change.
Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain in good standing as Washington corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's business, such qualification may be necessary.
Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain in good standing as a Missouri corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower’s assets or operation of the Borrower’s business, such qualification may be necessary, except where the failure to so qualify would have no more than a de minimis adverse effect on the business or a assets of the Borrower.
Due Organization - Corporate Authorization - No Conflicts. (a) UFP presently is and shall hereafter remain in good standing as a Delaware corporation. MFT presently is and shall hereafter remain in good standing as a Maine corporation. The Borrower is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's business, such qualification may be necessary. The Borrower is not an "Investment Company" withing the meaning of the Investment Company Act.
Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain in good standing as an Ohio corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's business, such qualification is necessary, except for those States in which the failure to so qualify would not have a material adverse effect on the Borrower's business, assets, financial condition, operations or prospects. (b) Each Related Entity is listed on EXHIBIT 4-2, annexed hereto. Each Related Entity is and shall hereafter remain in good standing in the State in which incorporated and is and shall hereafter remain duly qualified in each other State in which, by reason of that entity's assets or the operation of such entity's business, such qualification may be necessary, except for those States in which the failure to so qualify would not have a material adverse effect on the Borrower's business, assets, financial condition, operations or prospects. The Borrower shall provide the Agent with prior written notice of any entity's becoming or ceasing to be a Related Entity.
Due Organization - Corporate Authorization - No Conflicts. (a) Each Borrower presently is and shall (except as otherwise permitted by this Agreement in connection with (i) permitted store closings, (ii) restructurings of the manner in which the Borrowers carry on their business, and (iii) mergers between or among Related Entities) hereafter remain in good standing as a corporation organized under the laws of the State of its incorporation indicated in EXHIBIT 4.2 to this Agreement and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of that Borrower's assets or operation of that Borrower's business, such qualification is necessary. (b) Each Related Entity is listed on EXHIBIT 4.2, annexed hereto. Each Related Entity is and shall (except as otherwise permitted by Agreement (i) in connection with
Due Organization - Corporate Authorization - No Conflicts. (a) The Borrower presently is and shall hereafter remain in good standing as an Illinois corporation and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of the Borrower's assets or operation of the Borrower's
