Common use of Corporate Existence and Standing Clause in Contracts

Corporate Existence and Standing. Each Borrower and Guarantor is a corporation, partnership, limited liability company or other organization, duly organized and validly existing under the laws of its jurisdiction of organization and has all requisite corporate, partnership, company or similar authority to conduct its business as presently conducted (in each case, in the case of Foreign Subsidiaries, to the extent such legal concepts are applicable thereto).

Corporate Existence and Standing. Each Borrower and Guarantor is a corporation, partnership, limited liability company or other organization, duly organized and validly existing under the laws of its jurisdiction of organization and has all requisite corporate, partnership, company or similar authority to conduct its business as presently conducted (in each case, in the case of Foreign Subsidiaries, to the extent such legal concepts are applicable thereto)conducted.

Corporate Existence and Standing. Each of the Borrower and Guarantor the Guarantors is a corporationcorporation duly incorporated, partnershipvalidly existing, limited liability company or other organization, duly organized and validly existing in good standing under the laws of its jurisdiction of organization incorporation and has all requisite corporate, partnership, company or similar authority to conduct its business as presently conducted (in each case, jurisdiction in the case of Foreign Subsidiaries, to the extent such legal concepts are applicable thereto)which its business is conducted.

Corporate Existence and Standing. Each of the Guarantors, the Borrower and Guarantor its Subsidiaries is a corporation, partnership, corporation or limited liability company duly and properly incorporated or other organizationorganized, duly organized and as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and has all requisite corporate, partnership, company or similar authority to conduct its business as presently conducted (in each case, jurisdiction in the case of Foreign Subsidiaries, which failure to the extent such legal concepts are applicable thereto)be so qualified and in good standing could reasonably be expected to have a Material Adverse Effect.

Corporate Existence and Standing. Each of the Borrower and the Guarantor is a corporationcorporation duly incorporated, partnership, limited liability company or other organization, duly organized and validly existing and in good standing under the laws of its jurisdiction of organization incorporation and has all requisite corporate, partnership, company or similar authority to conduct its business as presently conducted (in each case, jurisdiction in the case of Foreign Subsidiaries, to the extent such legal concepts are applicable thereto)which its business is conducted.