Common use of Due Organization and Qualification; Subsidiaries Clause in Contracts

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have cause a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could reasonably be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably 46 could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization organization, has all requisite corporate (or the equivalent company) power to own its property and conduct its business as now conducted and as presently contemplated and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower and each of its Subsidiaries is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any each state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and and, if applicable, in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state state, province or territory where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower (i) is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and organization, (ii) qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change, and (iii) has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby.

Due Organization and Qualification; Subsidiaries. (a) Parent and each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its their organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Parent and each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could would be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower Each of the Borrowers is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change. Borrower has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower and each Subsidiary of a Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and its Subsidiaries is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state or jurisdiction where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state or province where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) a Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and and, except as set forth on Schedule 5.8(a), is qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any nation, state or province where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state jurisdiction where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower (i) is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and (ii) has all requisite corporate (or the equivalent company) power to own its property and conduct its business as now conducted and as presently contemplated and (iii) is qualified to do business in any state or province where the failure to be so qualified reasonably could be expected to have cause a Material Adverse ChangeEffect.

Due Organization and Qualification; Subsidiaries. (a) The Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower and General Partner is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have cause a Material Adverse ChangeChange .

Due Organization and Qualification; Subsidiaries. (a) Borrower is (i) duly organized and existing and in good standing under the laws of the jurisdiction of its organization and (ii) qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.. Borrower has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby. 71

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state each jurisdiction where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower and each of its Subsidiaries is duly organized and existing and in good standing (or the foreign equivalent thereof) under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified could reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction state of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified could reasonably could be expected to have a Material Adverse Changematerial adverse effect on the business, operations, condition (financial or otherwise), finances, or prospects of Borrower or on the value of the Collateral to Foothill.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its organization incorporation and qualified and licensed to do business in, and in good standing in, any state where the failure to be so licensed or qualified reasonably could be expected to have a Material Adverse ChangeEffect.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized and validly existing and in good standing under the laws of the jurisdiction of its organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower is duly organized incorporated or organized, as the case may be, and existing and in good standing under the laws of the jurisdiction of its organization incorporation or organization, as the case may be, and qualified to do business in any state where the failure to be so qualified reasonably could be expected to have result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each Borrower is (i) duly organized and existing and in good standing under the laws of the jurisdiction of its organization and (ii) has all requisite corporate (or the equivalent company) power to own its property and conduct its business as now conducted and as presently contemplated and (iii) qualified to do business in any state or province where the failure to be so qualified reasonably could be expected to have cause a Material Adverse ChangeEffect.