Common use of Corporate Existence and Good Standing Clause in Contracts

Corporate Existence and Good Standing. Such Borrower shall, and ------------------------------------- shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all 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. Such The Borrower shall, and shall ------------------------------------- shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions 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. Such Each Borrower shallwill, and ------------------------------------- shall will cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions states necessary to conduct its business and own its PropertyProperty except as permitted by Section 8.1, and shall obtain and maintain all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property, in each case except to the extent, other than with respect to corporate existence, that the failure to maintain the foregoing is not reasonably likely to have a Material Adverse Effect.

Corporate Existence and Good Standing. Such The Borrower shall, and ------------------------------------- shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions 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. Such Borrower shall, and ------------------------------------- shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions 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. Such Each Borrower and the Parent ------------------------------------- shall, and ------------------------------------- shall cause each of its Subsidiaries to, maintain its corporate existence and its qualification and good standing in all jurisdictions necessary to conduct its business and own its Property, and shall obtain and maintain maintain, and shall cause each of its Subsidiaries to obtain and maintain, all licenses, permits, franchises and governmental authorizations necessary to conduct its business and own its Property, and shall properly maintain, and shall cause each of its Subsidiaries to maintain, all of its books, records and accounts in accordance with GAAP.