Common use of Due Incorporation, Etc Clause in Contracts

Due Incorporation, Etc. Borrower is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation.

Due Incorporation, Etc. Borrower is a corporation duly organizedincorporated, ----------------------- validly existing and in good standing under the laws of its state jurisdiction of incorporation, and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.