Common use of Existence; Compliance with Law Clause in Contracts

Existence; Compliance with Law. Borrower (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Borrower (a) The Parent Borrower (i) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (bii) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (ciii) is duly qualified as a foreign limited liability company corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (div) is in compliance with all Applicable Laws Requirements of Law, except to the extent that the failure to comply therewith with clauses (iii) and (iv) above could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease ownership or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease ownership or operation of its Property property or the conduct of its business requires such qualification qualification, except where the failure to be so duly qualified could not reasonably be expected to have a Material Adverse Effect, and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganised, validly existing and in good standing under the laws of the jurisdiction of its organizationorganisation, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease ownership or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) duly formed, organised and validly existing and in good standing under the laws of the jurisdiction of its organizationorganisation, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease ownership or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower and each of its Subsidiaries (a) is a corporation duly formedorganized, validly existing and in good standing under the laws of the jurisdiction state of its organizationincorporation, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the its business in which it is currently engagedas now, heretofore and proposed to be conducted, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property or wherein the conduct of its business requires such qualification failure to be so qualified and in good standing could have a Material Adverse Effect and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Borrower Contributor (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Borrower Each of the Borrowers and the other Loan Parties (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation or other entity and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Borrower and each Material Subsidiary (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Each of the Borrower and its Material Subsidiaries (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Each Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organizationorganization or formation, (b) has the requisite power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation or other business entity and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification qualification, and (d) is in compliance with all Applicable Laws Legal Requirements except as to (c) and (d) to the extent that the failure to be so qualified or to comply therewith with such Legal Requirements could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower and each Material Subsidiary (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Each of the Borrower and the other Loan Parties (a) is duly formedorganized, validly existing and in good standing subsisting under the laws of the jurisdiction of its organization, (b) has the corporate power and authority, and the legal right, authority to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company entity and in good standing or subsisting, as applicable, under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification qualification, except to the extent that the failure to be so qualified would not, in the aggregate, have a Material Adverse Effect and (d) is in compliance with all Applicable Laws except to Requirements of Law the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to non-compliance with which would have a Material Adverse Effect.

Existence; Compliance with Law. Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the corporate power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith reasonably could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.. 4.4

Existence; Compliance with Law. Each of the Borrower and its Subsidiaries (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. Borrower Borrower: (a) is duly organized or formed, as appropriate, validly existing and in good standing under the laws of the jurisdiction of its incorporation, formation or organization, as appropriate; (b) has the requisite corporate, partnership or limited liability company power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and authority to conduct the business in which it is currently engaged, ; (c) is duly qualified as a foreign limited liability company and in good standing entity to do business under the laws of each jurisdiction any jurisdiction, where its ownership, lease or operation of its Property or the conduct of its business requires such qualification failure to so qualify could reasonably be expected to have a Material Adverse Effect; and (d) is in compliance with all Applicable Laws Governmental Requirements except to the extent that the failure to comply therewith could notnot reasonably be expected to, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Compliance with Law. The Borrower (a) is duly formedorganized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign limited liability company corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of its Property property or the conduct of its business requires such qualification and (d) is in compliance with all Applicable Laws Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.