Common use of Due Organization and Good Standing Clause in Contracts

Due Organization and Good Standing. Each Credit Party shall be duly organized and in good standing in the jurisdiction of its organization and qualified to do business in any other jurisdiction where it conducts its business other than in jurisdictions where the failure to be so qualified has not had, and could not be reasonably expected to have, a Material Adverse Effect.

Due Organization and Good Standing. Each Credit Party shall be duly organized and in good standing (to the extent such concept is applicable in the applicable jurisdiction) in the jurisdiction of its of incorporation, organization or formation, and qualified to do business in any each other jurisdiction where it conducts its business is required to be qualified to do business, other than in jurisdictions where the failure to be so qualified has not had, and could would not be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect.

Due Organization and Good Standing. Each Credit Party shall be duly organized and in good standing in the jurisdiction of its organization and qualified to do business in any other LEGAL 4873-0998-8490v4881-9719-6460v.143 jurisdiction where it conducts its business other than in jurisdictions where the failure to be so qualified has not had, and could not be reasonably expected to have, a Material Adverse Effect.

Due Organization and Good Standing. Each Credit Party shall be duly organized and in good standing in the jurisdiction of its organization and qualified to do business in any other jurisdiction where it conducts its business other than in jurisdictions where the failure to be so qualified has not had, and could would not be reasonably expected to have, a Material Adverse Effect.