Common use of Existence and Rights Clause in Contracts

Existence and Rights. A. Borrower is a corporation duly organized and existing under the laws of the State of Delaware and is qualified and licensed to do business and is in good standing in any state in which the conduct of its business or its ownership of property requires that it be so qualified; B. Borrower has the right and power to enter into this Agreement and each of the other Term Loan Documents;

Existence and Rights. A. Borrower is a corporation duly organized and existing and in good standing under the laws of Delaware, without limit as to the duration of its existence and is authorized and in good standing to do business in the State of Delaware California; Borrower has corporate powers and adequate authority, rights and franchises to own its property and to carry on its business as now conducted, and is duly qualified and licensed to do business and is in good standing in any state each State in which the character of the properties owned by it therein or the conduct of its business or its ownership of property requires that it be so qualified; B. makes such qualification necessary; and Borrower has the right power and power adequate authority to enter into make and carry out this Agreement and each of the other Term Loan Documents;Agreement

Existence and Rights. A. Borrower is a corporation duly organized and existing and in good standing under the laws of Delaware, without limit as to the duration of its existence and is authorized and in good standing to do business in the State of Delaware California; Borrower has corporate powers and adequate authority, rights and franchises to own its property and to carry on its business as now conducted, and is duly qualified and licensed to do business and is in good standing in any state each State in which the character of the properties owned by it therein or the conduct of its business or its ownership of property requires that it be so qualified; B. makes such qualification necessary; and Borrower has the right power and power adequate authority to enter into make and carry out this Agreement and each of the other Term Loan Documents;Agreement.

Existence and Rights. A. i. Borrower is a corporation duly organized and existing under the laws of the State of Delaware and is qualified and licensed to do business and is in good standing in any state in which the conduct of its business or its ownership of property requires that it be so qualified; B. ii. Borrower has the right and power to enter into this Agreement and each of the other Term Loan Documents;; and iii. Borrower has all necessary corporate power and authority to own its property and to carry on its business as now conducted.

Existence and Rights. A. Borrower is a corporation corporation, duly organized and existing and in good standing under the laws of the State state of Delaware and is qualified and licensed Delaware, without limit as to do business and is in good standing in any state in which the conduct duration of its business or its ownership of property requires that it be so qualified; B. existence. Borrower has the right power and power adequate authority to enter into make and carry out this Agreement and each of the Agreement. Borrower has no investment in any other Term Loan Documents;business entity unless specified in writing to Bank.

Existence and Rights. A. Borrower is a corporation duly organized and existing in good standing under the laws of the State of Delaware Delaware, without limit as to the duration of its existence and is qualified authorized and licensed in good standing to do business in the State of California; Borrower has powers and adequate authority, rights and franchises to own its property and to carry on its business as now conducted, and is duly qualified and in good standing in any state each State in which the character of the properties owned by it therein or the conduct of its business or its ownership of property requires that it be so qualified; B. makes such qualification necessary; and Borrower has the right power and power adequate authority to enter into make and carry out this Agreement and each of the other Term Loan Documents;Agreement.