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

Incorporation, Good Standing, and Due Qualification. Borrower and each Guarantor 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 to the extent that its failure to be so qualified could not result in a Material Adverse Change.

Incorporation, Good Standing, and Due Qualification. Each of the Borrower and each Guarantor Guarantor: (a) is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, organization; (b) has the corporate all power and authority necessary to own its assets properties and to transact carry on the business in which it is now engaged or proposed to be engaged, ; and (c) is duly qualified and in good standing as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, required except to where the extent that its failure to be so qualified could qualify shall not result in have a Material Adverse ChangeEffect.

Incorporation, Good Standing, and Due Qualification. Borrower and each Guarantor is are corporations, limited liability companies, or partnerships duly incorporatedincorporated or formed, as the case may be, validly existing existing, and in good standing under the laws of the State of their incorporation or formation, are duly qualified and in good standing as a foreign corporation authorized to do business in every jurisdiction of its incorporationwhere the failure to so qualify would have a Material Adverse Effect, has and have the requisite corporate power and authority to own its assets their respective properties and to transact the business in which it is operate their respective businesses as 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 to the extent that its failure to be so qualified could not result in a Material Adverse Changeconducted.

Incorporation, Good Standing, and Due Qualification. The Borrower and each Guarantor 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, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.

Incorporation, Good Standing, and Due Qualification. The Borrower and each Guarantor 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 Laws of each other jurisdiction in which such qualification is required, except to the extent that its failure to be so qualified could not result in a Material Adverse Change.