Common use of Due Organization, Authorization; Power and Authority Clause in Contracts

Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to do

Appears in 2 contracts

Samples: Loan and Security Agreement (Carbylan Therapeutics, Inc.), Loan and Security Agreement (Carbylan Therapeutics, Inc.)

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Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to dodo business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s business. In connection with this Agreement, Borrower has delivered to Bank a completed certificate signed by Borrower, entitled

Appears in 2 contracts

Samples: Senior Loan and Security Agreement (Appdynamics Inc), Senior Loan and Security Agreement (Appdynamics Inc)

Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to dodo business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified except where the

Appears in 2 contracts

Samples: Loan and Security Agreement (Threshold Pharmaceuticals Inc), Loan and Security Agreement (Invuity, Inc.)

Due Organization, Authorization; Power and Authority. i. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to dodo business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified.

Appears in 2 contracts

Samples: Loan, Security and Guarantee Agreement (Ener-Core Inc.), Loan, Security and Guarantee Agreement (Ener-Core Inc.)

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Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to dodo business and is in good standing in any other jurisdiction in which

Appears in 1 contract

Samples: Loan and Security Agreement (Ariosa Diagnostics, Inc.)

Due Organization, Authorization; Power and Authority. Borrower is duly existing and in good standing as a Registered Organization in its jurisdiction of formation and is qualified and licensed to dodo business and is in good standing in any jurisdiction in which the conduct of its business or its ownership of property requires that it be qualified except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s

Appears in 1 contract

Samples: Loan and Security Agreement (TerraVia Holdings, Inc.)

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