Common use of Borrowing Entity Clause in Contracts

Borrowing Entity. Each Borrower is a Delaware corporation, which is duly organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership, structure or formation documents of Borrowers since the inception of the Loan. In each state in which each Borrower does business, it is properly licensed, in good standing, and, where required, in compliance with fictitious name statutes.

Borrowing Entity. Each Borrower is Borrowers are a Delaware corporation, which is duly organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership, structure or formation of documents of Borrowers since the inception of the LoanLoans. In each state in which each Borrower does Borrowers do business, it is properly licensed, licensed and in good standing. This Modification, and, where required, in compliance and any instrument of agreement required hereunder are within Borrowers' with fictitious name statutesany of Borrowers' organizational papers.

Borrowing Entity. Each Borrower is a Delaware corporation, corporation which is duly organized, organized and validly existing and in good standing under the laws of the State of Delaware. There Except as otherwise disclosed to Administrative Agent in writing plior to the date hereof, there have been no changes in the organization, composition, ownership, ownership structure or formation documents of Borrowers Borrower since the inception of the Loan. In each state in which each Borrower does business, it is properly licensed, in good standing, and, where required, in compliance with fictitious name statutes.

Borrowing Entity. Each Borrower is a Delaware corporation, which is duly organized, validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership, structure or formation of documents of Borrowers Borrower since the inception of the LoanLoans. In each state in which each Borrower does business, it is properly licensed, licensed and in good standing. This Agreement, andand any instrument of agreement required hereunder are within Borrower's powers, where requiredhave been duly authorized, in compliance and do not conflict with fictitious name statutesany of Borrower's organizational papers.

Borrowing Entity. Each Borrower is a Delaware corporation, which is duly organized, organized and validly existing and in good standing under the laws of the State of Delaware. There have been no changes in the organization, composition, ownership, ownership structure or formation documents of Borrowers Borrower since the inception of the Loan. In each state in which each Borrower does business, it is properly licensed, in good standing, and, where required, in compliance with fictitious name statutes.