Common use of Organization and Powers Clause in Contracts

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation. The Borrower has all requisite corporate power and authority (i) to own and operate its properties and to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated hereby.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction the State of incorporation. The Borrower Delaware, and has all requisite corporate power and authority (i) to own its assets and operate its properties and to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated herebyexecute, deliver and perform its obligations under this Note.

Organization and Powers. The Each Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation. The Each Borrower has all requisite corporate power and authority (i) to own and operate its properties and to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated hereby.

Organization and Powers. The Borrower (i) is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction state of incorporation. The Borrower incorporation and (ii) has all requisite corporate the power and authority (i) to own own, lease and operate its properties and to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated hereby.;

Organization and Powers. The Each Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation. The Each Borrower has all requisite corporate power and authority (i) to own and operate its properties and to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated hereby, and to issue the Notes.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporationorganization as specified in Schedule 5.1 annexed hereto. The Borrower has all requisite corporate power and authority (i) to own and operate its properties and properties, to carry on its business as now conducted and as proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement the Loan Documents to which it is a party and to carry out the transactions contemplated herebythereby.

Organization and Powers. The Borrower is a corporation or partnership duly organizedorganized or formed, as the case may be, validly existing and in good standing under the laws of its the jurisdiction of incorporation. The Borrower has all requisite corporate power its incorporation or formation, is qualified to do business and authority (i) is in good standing in each jurisdiction in which the failure so to own and operate its properties and to carry on its business as now conducted and proposed to qualify or be conducted, except where the lack of corporate power and authority in good standing would not have result in a Material Adverse Effect and (ii) has all requisite power and authority to enter into this Agreement own its assets and carry on its business and to carry out execute, deliver and perform its obligations under the transactions contemplated herebyLoan Documents.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws law of the jurisdiction of its incorporation, is qualified to do business and is in good standing in each jurisdiction of incorporation. The Borrower has all requisite corporate power and authority (i) in which the failure so to own and operate its properties and to carry on its business as now conducted and proposed to qualify or be conducted, except where the lack of corporate power and authority in good standing would not have result in a Material Adverse Effect and (ii) has all requisite power and authority to enter into this Agreement own its assets and carry on its business and to carry out execute, deliver and perform its obligations under the transactions contemplated herebyLoan Documents to which it is a party.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of its the jurisdiction of its incorporation. The Borrower , and has all requisite corporate power and authority (i) to own its assets and operate its properties and to carry on its business as now conducted and proposed to execute, deliver and perform its obligations under the Loan Documents. Borrower is qualified to do business and is in good standing in each jurisdiction in which the failure so to qualify or be conducted, except where the lack of corporate power and authority in good standing would not have result in a Material Adverse Effect and Change. (ii) to enter into this Agreement and to carry out the transactions contemplated hereby.b)

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. The Borrower has all requisite corporate power and authority (i) to own and operate its properties and properties, to carry on its business as now conducted and proposed to be conducted, except where the lack of corporate power conducted and authority would not have a Material Adverse Effect and (ii) to enter into this Agreement and to carry out the transactions contemplated herebyeach Loan Document.