Common use of Incorporation, Good Standing, and Due Qualification Clause in Contracts

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower such Borrowers and its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and each of its Subsidiaries respective Subsidiaries, is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower Borrowers and its each of their Subsidiaries is an entity which is duly incorporatedorganized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and and, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect, is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and its Subsidiaries is are corporations duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its their respective incorporation, ; each has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is requiredthe failure to be so qualified reasonably could be expected to have a material adverse effect on the Borrower.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and each of its respective Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporationformation, has the corporate all power and authority to carry on its business as now being conducted and to own its assets and to transact the business in which it is now engaged or proposed to be engaged, properties and is duly licensed or qualified as a foreign corporation and in good standing under the laws of or a foreign corporation in each other jurisdiction in which such qualification is requiredits properties are located or in which failure to qualify would materially and adversely affect the conduct of its business or the enforceability of contractual rights of the Borrower.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporationformation, has the corporate all power and authority to carry on its business as now being conducted and to own its assets and to transact the business in which it is now engaged or proposed to be engaged, properties and is duly licensed or qualified as a foreign corporation and in good standing under the laws of or a foreign corporation in each other jurisdiction in which such qualification is requiredits properties are located or in which failure to qualify would reasonably be expected to have a Material Adverse Effect.

Incorporation, Good Standing, and Due Qualification. Each of the The -------------------------------------------------- Borrower and each of its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is are duly incorporated, validly existing and in good standing under the laws of the jurisdiction respective jurisdictions of its their incorporation, has have the corporate power and authority to own its their assets and to transact the business in which it is they are now engaged or proposed to be engaged, and is are duly qualified as a foreign corporation corporations and in good standing under the laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not reasonably be expected to result in a Material Adverse Change.

Incorporation, Good Standing, and Due Qualification. Each of the such Borrower and its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other ether jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction State of its incorporation, has the corporate all power and authority to carry on its business as now being conducted and to own its assets and to transact the business in which it is now engaged or proposed to be engaged, properties and is duly licensed or qualified as a foreign corporation and in good standing under the laws of or a foreign corporation in each other jurisdiction in which such qualification is requiredits properties are located or in which failure to qualify would materially and adversely affect the conduct of its business or the enforceability of contractual rights of the Borrower.

Incorporation, Good Standing, and Due Qualification. Each of the -------------------------------------------------- Borrower and its Subsidiaries is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or in which it is proposed to be engaged, ; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and its Subsidiaries is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, ; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or in which it is proposed to be engaged, ; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.is

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is requiredthe failure to be so qualified would 34 40 have a material adverse effect on the business, financial condition or operations of the Borrower and its Subsidiaries taken as a whole.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and its Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except where the failure to so qualify has not had, and is not reasonably expected to have, a Material Adverse Effect.

Incorporation, Good Standing, and Due Qualification. Each of the The -------------------------------------------------- Borrower and each of its Subsidiaries is an entity which is duly incorporatedorganized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except where the failure to be so qualified would not have a Material Adverse Effect.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and its Subsidiaries is and Guarantor are duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower Borrowers and its their respective Subsidiaries is duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.