Common use of Due Incorporation, Etc Clause in Contracts

Due Incorporation, Etc. The Borrower and each Restricted Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, and has the corporate power and legal authority to own its property and to carry on its business as now being conducted and is duly qualified to transact business as a foreign corporation in every jurisdiction where such qualification is necessary. The Borrower has the corporate power to execute and perform this Agreement, to borrow hereunder and to execute and deliver the Notes, and to do so will not violate its Articles of Incorporation or Bylaws, any law to which it is subject, or any material agreement or instrument to which it is a party.

Due Incorporation, Etc. The Borrower and each Restricted Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, and has the corporate power and legal authority to own its property and to carry on its business as now being conducted and is duly qualified to transact business as a foreign corporation in every jurisdiction where such qualification is necessary. The Borrower has the corporate power to execute and perform this Agreement, to borrow hereunder and to execute and deliver the Revolving Notes, and to do so will not violate its Articles of Incorporation or Bylaws, any law to which it is subject, or any material agreement or instrument to which it is a party.

Due Incorporation, Etc. The Borrower and each Restricted Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated, and has the corporate power and legal authority to own its property and to carry on its business as now being conducted and is duly qualified to transact business as a foreign corporation in every jurisdiction where such qualification is necessary. The Borrower has the corporate power to execute and perform this Agreement, to borrow hereunder and to execute and deliver the Revolving Notes, and to do so will not violate its Articles of Incorporation or Bylaws, any law to which it is subject, or any material agreement or instrument to which it is a party.