Common use of Existence and Good Standing Clause in Contracts

Existence and Good Standing. Borrower is a corporation, duly organized, legally existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation in all jurisdictions wherein the property owned or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect on Borrower.

Existence and Good Standing. Borrower and each of its Subsidiaries is a corporation, duly organized, legally existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation in all jurisdictions wherein the property owned or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect on Borrower.

Existence and Good Standing. The Borrower is a corporation, duly organizedformed, legally existing and in good standing under the laws Laws of the jurisdiction of its jurisdiction of incorporation formation and is duly qualified and in good standing as a foreign corporation in all jurisdictions wherein the property owned or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein where the failure to be so qualify does not have qualified could reasonably be expected to result in a material adverse effect on BorrowerMaterial Adverse Effect.

Existence and Good Standing. Borrower is a corporationcorporation duly formed, duly organized, legally validly existing and in good standing under the laws of its jurisdiction the State of incorporation Delaware, and is duly qualified and to do business in good standing as a foreign corporation each jurisdiction in all jurisdictions wherein which the property owned or the conduct of its business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect on Borrowerrequires qualification.

Existence and Good Standing. Borrower is a corporation, an LLC duly organized, legally existing and in good standing under the laws of its jurisdiction of incorporation formation and is duly qualified and in good standing as a foreign corporation LLC in all jurisdictions wherein the property owned or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect on Borrower.

Existence and Good Standing. The Borrower is a corporation, duly organized, legally existing existing, and in good standing under the laws Laws of its jurisdiction of incorporation and incorporation; each Subsidiary is a corporation duly qualified organized, validly existing, and in good standing as a foreign corporation in all jurisdictions wherein under the property owned or Laws of its jurisdiction of incorporation; the business transacted by it makes such qualification necessary, other than those jurisdictions wherein Borrower and its Subsidiaries have the failure to so qualify does not have a material adverse effect on Borrower.lawful

Existence and Good Standing. a. Borrower is a corporationlimited partnership, duly organized, legally existing and in good standing under the laws of its jurisdiction of incorporation formation and is duly qualified and in good standing as a foreign corporation limited partnership in all jurisdictions wherein the property owned or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect on Borrower, and Guarantor is the duly appointed and acting sole general partner of Borrower.

Existence and Good Standing. The Borrower is a corporation, duly organized, legally and validly organized and existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified has the legal capacity and right to own its assets and to carry on its business in good standing as a foreign corporation each jurisdiction in all jurisdictions wherein the property owned which its assets are located or the business transacted by it makes such qualification necessary, other than those jurisdictions wherein the failure to so qualify does not have a material adverse effect carries on Borrowerbusiness.