Common use of Good Standing and Identity Clause in Contracts

Good Standing and Identity. The Borrower is a corporation, duly organized and in good standing under the laws of Texas. The Borrower’s legal name is that reflected in the address of this Agreement. Borrower has the power to own its property and to carry on its business in each jurisdiction in which the Borrower operates.

Good Standing and Identity. The Borrower is a corporation, duly organized and in good standing under the laws State of Texas. The Borrower’s , and whose legal name is that reflected in the address of this Agreement. The Borrower has the power and authority to own its property and to carry on its business in each jurisdiction in which the Borrower it operates.

Good Standing and Identity. The Borrower is a corporationlimited partnership, duly organized and in good standing under the laws of the State of Texas. The Borrower’s legal name is that of Borrower and its address are those reflected in the address of this Agreement. The Guarantor is a limited liability company, duly organized and in good standing under the laws of the State of Texas, and whose legal name is reflected in the address of this Agreement. The Borrower has and the Guarantor have the power to own its their property and to carry on its their business in each jurisdiction in which the Borrower operatesthey operate.