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 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 cause 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 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 cause constitute a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower and each Subsidiary is duly organized and existing and in good standing under the laws of the jurisdiction of its 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 cause have a Material Adverse Change.

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

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

Due Organization and Qualification; Subsidiaries. (a) Borrower Each Debtor is duly organized and existing and in good standing under the laws of the jurisdiction of its 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 cause 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 incorporation 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 cause result in a Material Adverse Change. Borrower is not required to obtain any licenses, permits or approvals from any Governmental Authority in order to engage in its line of business.

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 incorporation 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 cause 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 incorporation 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 cause result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (aA) Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its 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 cause 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 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 cause result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Subsidiary Borrower is duly organized and existing and in good standing under the laws of the jurisdiction of its incorporation 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 cause have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Borrower Debtor is duly organized and existing and in good standing under the laws of the jurisdiction of its incorporation 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 cause have a Material Adverse Change.