Common use of Corporate Existence and Good Standing Clause in Contracts

Corporate Existence and Good Standing. Each Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Property, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property.

Corporate Existence and Good Standing. Each The Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Property, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property.

Corporate Existence and Good Standing. Each Such Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Propertyproperty, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Propertyproperty.

Corporate Existence and Good Standing. Each The Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Property, except where the failure to so qualify would not have a material adverse effect on the Borrower, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property.

Corporate Existence and Good Standing. Each The Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Property, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property, except where the failure to do so could not reasonably be expected to have a material adverse effect on the business, operations or condition of the Borrower and its Subsidiaries (financial or otherwise) taken as a whole.

Corporate Existence and Good Standing. Each Borrower of the Borrowers and each of its their Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states and other jurisdictions necessary to conduct its business and own its Property, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property.

Corporate Existence and Good Standing. Each Borrower shall, and shall cause each of its Subsidiaries shall to, maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Propertyproperty, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Propertyproperty.

Corporate Existence and Good Standing. Each The Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Property, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property; in each case, where failure to so qualify or to obtain such license would have a material adverse effect on the Borrower.

Corporate Existence and Good Standing. Each Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states jurisdictions necessary to conduct its business and own its Propertyproperty, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Propertyproperty.

Corporate Existence and Good Standing. Each The Borrower and each of its Subsidiaries shall subsidiaries will maintain its their corporate existence and its their qualification and good standing in all states necessary to conduct its business their businesses and own its Propertyor lease their properties, and shall obtain and maintain all licenses, permits, franchises franchises, and governmental authorizations necessary to conduct its business their businesses and own its Propertyor lease their property.

Corporate Existence and Good Standing. Each Borrower and each of its Subsidiaries shall maintain its corporate existence and its qualification and good standing in all states necessary to conduct its business and own its Propertyproperty, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Propertyproperty.