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

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and each Guarantor 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 result in a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower Parent and each Guarantor 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 result in have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and each Guarantor 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 result in have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and each Guarantor Subsidiary of 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 result in have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower Borrower, Servicer and each Guarantor Originator 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 result in have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and each Corporate Guarantor 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 result in have a Material Adverse Change.

Due Organization and Qualification; Subsidiaries. (a) Each of Borrower and each Guarantor 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 character of its business or the ownership of its assets make such qualification or registration necessary, except where the failure to be so qualified could not reasonably could be expected to result in have a Material Adverse Change.