Common use of Borrower's Existence Clause in Contracts

Borrower's Existence. Borrower is a corporation duly organized and validly existing under the laws of the State of Delaware, and is in good standing and properly licensed to conduct business in every jurisdiction in which the nature of the business conducted by it makes such license and good standing necessary and where failure to so comply would have a material adverse effect on the consolidated financial condition or the business of Borrower and its Subsidiaries.

Borrower's Existence. Borrower is a corporation duly organized and validly existing under the laws of the State of Delaware, and is in good standing and properly licensed to conduct business in every jurisdiction in which the nature of the business conducted by it makes such license and good standing necessary and where failure to so comply would have a material adverse effect on the consolidated financial condition or the business of Borrower and its SubsidiariesMaterial Adverse Effect.

Borrower's Existence. Borrower is a corporation duly organized and validly existing under the laws of the State of DelawareDelaware limited liability company, is duly qualified to do business in such Jurisdiction and in all other Jurisdictions in which its business interest requires it to be so qualified, and is in good standing has full power and properly licensed authority to conduct business in every jurisdiction in which consummate the nature of the business conducted transactions contemplated by it makes such license and good standing necessary and where failure to so comply would have a material adverse effect on the consolidated financial condition or the business of Borrower and its Subsidiariesthis Agreement.