Common use of Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number Clause in Contracts

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified to transact business would not have a Material Adverse Effect. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower’s chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower’s records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower’s tax identification number is correctly set forth in Section 3.5 hereto.

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware Minnesota and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified to transact business would not have a Material Adverse Effect. The Borrower Borrower, Atrix and SCI each has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, under those Loan Documents and Atrix Merger Documents and the Loan DocumentsSCI Merger Documents executed by each of them. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower’s 's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower’s 's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower’s 's tax identification number is correctly set forth in Section 3.5 3.6 hereto.

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware Minnesota and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary, except where the failure to Borrower is not presently qualified in California and New Jersey, but shall be so licensed or qualified to transact business would not have a Material Adverse Effectwithin 60 days of the date hereof. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower’s 's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower’s 's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower’s 's tax identification number is correctly set forth in Section 3.5 3.6 hereto.

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. The Borrower is a corporationcorporation , duly organized, validly existing and in good standing under the laws of the State of Delaware Minnesota and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. No dissolution or termination of the Borrower has occurred, except where and no notice of dissolution or articles of termination have been filed with respect to the failure to be so licensed or qualified to transact business would not have a Material Adverse EffectBorrower. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existencethe five years prior to the Closing Date, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower’s 's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower’s 's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower’s 's tax identification number is correctly set forth in Section 3.5 3.6 hereto.