Common use of Existence and Power; Name; Chief Executive Office Clause in Contracts

Existence and Power; Name; Chief Executive Office. The Borrower is duly incorporated, validly existing and in good standing under the laws of the Nevada, and is or has undertaken all reasonable steps to become duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary and where failure to obtain such licensing or qualification would have a material adverse effect on the Borrower. The Borrower has all requisite power and authority, to conduct its business, to own its properties and to execute and deliver, and to perform the Obligations. Within the last twelve (12) months, the Borrower has done business only under its name as specified herein. The chief executive office and principal place of business of the Borrower are located at the address set forth in Section 9.4, and all of the Borrower's records relating to its businesses are kept at that location.

Existence and Power; Name; Chief Executive Office. The Borrower is duly incorporatedformed, validly existing and in good standing under the laws of the Nevada, and is or has undertaken all reasonable steps to become duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary and where failure to obtain such licensing or qualification would have a material adverse effect on the Borrower. The Borrower has all requisite power and authority, to conduct its business, to own its properties and to execute and deliver, and to perform the Obligations. Within the last twelve (12) months, the Borrower has done business only under its name as specified herein. The chief executive office and principal place of business of the Borrower are located at the address set forth in Section 9.4, and all of the Borrower's ’s records relating to its businesses are kept at that location.

Existence and Power; Name; Chief Executive Office. The Borrower is duly incorporatedformed, validly existing and in good standing under the laws of the State of Nevada, and is or has undertaken all reasonable steps to become duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary and where failure to obtain such licensing or qualification would have a material adverse effect on the Borrower. The Borrower has all requisite power and authority, to conduct its business, to own its properties and to execute and deliver, and to perform the Obligations. Within the last twelve (12) months, the Borrower has done business only under its name as specified herein. The chief executive office and principal place of business of the Borrower are located at the address set forth in Section 9.4, and all of the Borrower's ’s records relating to its businesses are kept at that location.