Common use of Authority to Conduct Business Clause in Contracts

Authority to Conduct Business. The Company has the limited liability company power and authority to own, lease and operate its properties and to conduct its business in the manner in which it is now conducted and the Company is duly licensed or qualified to do business as a foreign entity in each jurisdiction in which the nature of its properties and assets or the conduct of its business requires it to be so licensed or qualified, except where the failure to be duly licensed or qualified to do business would not reasonably be expected to have a Material Adverse Effect.

Authority to Conduct Business. The Company has the limited liability company requisite power and authority to own, lease and operate its properties property and to conduct its business in the manner in which it is now conducted and the conducted. The Company is duly licensed or qualified to do business as a foreign entity in each jurisdiction in which the nature of its properties and assets or the conduct of its business requires it to be so licensed or qualified, except where the failure to be duly licensed or qualified to do business would not reasonably be expected to have a Material Adverse Effect.

Authority to Conduct Business. The Company Each of the Companies has the requisite limited liability company power and authority to own, lease and operate its properties property and to conduct its business in the manner in which it is now conducted and conducted. Each of the Company Companies is duly licensed or qualified to do business as a foreign entity limited liability company in each jurisdiction in which the nature of its properties and assets or the conduct of its business requires it to be so licensed or qualified, except where the failure to be duly licensed or qualified to do business would not reasonably be expected to have a Material Adverse Effect.