Common use of Corporate Organization and Validity Clause in Contracts

Corporate Organization and Validity. (a) Borrower is a corporation duly organized and validly existing under the laws of its state of incorporation, is duly qualified, is validly existing and in good standing and has lawful power and authority to engage in the business it conducts in each state and other jurisdiction where the nature and extent of its business requires qualification, except where the failure to so qualify would not have a material adverse effect on Borrower's business, financial condition, Property or prospects. A list of all states and other jurisdictions where Borrower is qualified to do business is attached hereto as Exhibit "5.1" and made a part hereof.

Corporate Organization and Validity. (a) Each Borrower is a corporation duly organized and validly existing under the laws of its state of incorporation, is duly qualified, is validly existing and in good standing and has lawful power and authority to engage in the business it conducts in each state and other jurisdiction where the nature and extent of its business requires qualification, except where the failure to so qualify would will not have a material adverse effect on Borrower's business, financial condition, Property or prospectsMaterial Adverse Effect. A An accurate list and/or description of its name and all states and other jurisdictions where each Borrower is incorporated or is qualified to do business is attached hereto as Exhibit "5.1" and made a part hereof.

Corporate Organization and Validity. (a) Borrower is a corporation duly organized and validly existing under the laws of its state of incorporation, is duly qualified, is validly existing and in good standing and has lawful power and authority to engage in the business it conducts in each state and other jurisdiction where the nature and extent of its business requires qualification, except where the failure to so qualify would not have a material adverse effect on Borrower's business, financial condition, Property or prospects. A list of all states and other jurisdictions where Borrower is qualified to do business is attached hereto as Exhibit "5.1" and made a part hereof.

Corporate Organization and Validity. (a) Borrower is a corporation corporation, duly organized and validly existing under the laws of its state of incorporation, is duly qualified, is validly existing and in good standing and has lawful power and authority to engage in the business it conducts in each state and other jurisdiction where the nature and extent of its business requires qualification, except where the failure to so qualify would not have or be reasonably likely to have a material adverse effect on Borrower's business, financial condition, Property or prospectsMaterial Adverse Effect. A list of all states and other jurisdictions where Borrower is qualified to do business is attached hereto as Exhibit "5.1" Schedule 5.1 and made a part hereof.

Corporate Organization and Validity. (a) Each Borrower is a corporation duly organized and validly existing under the laws of its state of incorporation, is duly qualified, is validly existing and in good standing and has lawful power and authority to engage in the business it conducts in each state and other jurisdiction where the nature and extent of its business requires qualification, except where the failure to so qualify would not have a material adverse effect on such Borrower's business, financial condition, Property or prospects. A list of all states and other jurisdictions where each Borrower is qualified to do business is attached hereto as Exhibit "5.1" and made a part hereof.