Common use of Organization and Powers Clause in Contracts

Organization and Powers. Each of the Borrowers is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 4.1A annexed hereto. Each of the Borrowers has all requisite limited liability company power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and the other Operative Documents to which it is a party and to carry out the transactions contemplated thereby.

Organization and Powers. Each of the Borrowers Borrower and its Subsidiaries is a corporation, limited liability company 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 organization as specified its incorporation or formation, is qualified to do business and is in Schedule 4.1A annexed hereto. Each of good standing in each jurisdiction in which the Borrowers failure so to qualify or be in good standing would result in a Material Adverse Effect and has all requisite limited liability company power and authority to own its assets and operate its properties, to carry on its business as now conducted and as proposed to be conductedexecute, to enter into deliver and perform its obligations under the Loan Documents and the other Operative Documents to which it is a party and to carry out the transactions contemplated therebyDocuments.

Organization and Powers. Each of the Borrowers Borrower and its Subsidiaries is a limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization (which jurisdiction is set forth on Schedule 5.3(A) as specified in Schedule 4.1A annexed heretoof the Amendment Date). Each of the Borrowers Borrower and its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each of the Borrowers is a Borrower and its Subsidiaries are limited liability company companies, corporations or partnerships duly organized, validly existing and in good standing under the laws of its jurisdiction of organization or incorporation (which jurisdiction is set forth on Schedule 5.3(A)). Except as specified in disclosed on Schedule 4.1A annexed hereto. Each of the Borrowers has 5.3(A), Borrower and its Subsidiaries have all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each of the Borrowers Borrower and its Subsidiaries is a limited liability company company, corporation or partnership duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in or incorporation (which jurisdiction is set forth on Schedule 4.1A annexed hereto5.3(A)). Each of the Borrowers Borrower and its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each Borrower and each of the Borrowers its Subsidiaries is a limited liability company company, corporation or partnership duly organized, validly existing and in good standing under the laws of its jurisdiction or incorporation. Borrower and each of organization as specified in Schedule 4.1A annexed hereto. Each of the Borrowers its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each of the Borrowers Borrower and its ----------------------- Subsidiaries is a limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in (which jurisdiction is set forth on Schedule 4.1A annexed hereto5.3(A)). Each of the Borrowers Borrower and its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each of the Borrowers Borrower and its Subsidiaries is a limited liability company company, corporation or partnership duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in or incorporation (which jurisdiction is set forth on Schedule 4.1A annexed hereto5.3(A)). Each of the Borrowers Borrower and its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits obligations with respect thereto.

Organization and Powers. Each of the Borrowers Borrower and its Restricted Subsidiaries is a limited liability company company, corporation or partnership duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in incorporation (which jurisdiction is set forth on Schedule 4.1A annexed hereto5.3(A)). Each of the Borrowers Borrower and each of its Restricted Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each of the Borrowers Borrower and its Subsidiaries is a limited liability company company, corporation or partnership duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 4.1A annexed heretoor incorporation. Each of the Borrowers Borrower and its Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.

Organization and Powers. Each Borrower and each of the Borrowers its Subsidiaries is a corporation, limited liability company or limited partnership duly incorporated or organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization as specified in Schedule 4.1A 4.1 annexed hereto. Each Borrower and each of the Borrowers its Subsidiaries has all requisite corporate, limited liability company or limited partnership power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and the other Operative Documents to which it is a party this Agreement and to carry out the transactions contemplated thereby.

Organization and Powers. Each of the Borrowers Borrower and its Significant Subsidiaries is a limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization (which jurisdiction is set forth on Schedule 5.3(A) as specified in Schedule 4.1A annexed heretoof the Closing Date). Each of the Borrowers Borrower and its Significant Subsidiaries has all requisite limited liability company legal power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the each Loan Documents and the other Operative Documents Document to which it is a party and to carry out the transactions contemplated therebyits respective obligations with respect thereto.