Common use of Organization; Standing Clause in Contracts

Organization; Standing. It (a) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (b) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, and under each Loan Document to which it is a party, and (c) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (ai) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (bii) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, and under each Loan Document to which it is a party, and (ciii) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (ai) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (bii) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, hereunder and under each Loan Document to which it is a partyDocument, and (ciii) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (a) The Company is a corporation duly incorporated or otherwise organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationincorporation or organization (as applicable), (b) has with the corporate requisite power and authority necessary to own and use its assets, properties and assets and to carry on its business and enter into and perform its obligations hereunder, and under each Loan Document to which it as currently conducted. The Company is a party, and (c) is qualified to do business and is not in good standing in each jurisdiction where violation of any of the nature provisions of its business respective certificate or the ownership articles of its properties requires such qualificationincorporation, except where the failure to be so qualified would not have a Material Adverse Effectbylaws or other organizational or charter documents.

Organization; Standing. It (ai) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (bii) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, and under each Loan Document to which it is a party, and (ciii) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (a) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationDelaware, (b) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, and under each Loan Document to which it is a party, and (c) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (ai) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (bii) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, hereunder and under each Loan Document to which it is a party, and (ciii) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization; Standing. It (ai) is a corporation duly organized, ------------------------------ validly existing and in good standing under the laws of the jurisdiction of its incorporation, (bii) has the corporate power and authority necessary to own its assets, carry on its business and enter into and perform its obligations hereunder, hereunder and under each Loan Document to which it is a party, and (ciii) is qualified to do business and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.