Common use of Existence and Standing Clause in Contracts

Existence and Standing. The Borrower (a) is a corporation, partnership, limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the failure to have such authority would not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Each Borrower (a) is a corporation, partnership, limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the failure to have such authority would not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Borrower (a) is a corporation, partnershipand each of its Subsidiaries is a corporation, partnership or limited liability company or other entity company, duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction (or, if applicable, jurisdictions) of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the where failure to have such authority would do so could not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Such Borrower (a) is a corporation, partnership, limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization organization, and (b) has all requisite authority to conduct its business and is duly qualified or licensed to transact business as a foreign corporation and in good standing under the laws of each jurisdiction in which the conduct of its business is conductedoperations or the ownership or leasing of its properties requires such qualification or licensing, except to the extent that the where failure to have such authority would be so qualified or licensed could not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Each Borrower (a) is a corporation, partnership, limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and (b) has all requisite power and authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the failure to have such authority would not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Borrower (a) is a corporation, partnershipand each of its Subsidiaries is a corporation, partnership or limited liability company or other entity company, duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction (or, if applicable, jurisdictions) of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the where failure to have such authority would do so could not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Borrower (a) is a corporation, partnershipand each of its Subsidiaries is a corporation, partnership or limited liability company or other entity company, duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction (or, if applicable, jurisdictions) of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the where failure to have such authority would do so could not reasonably be expected to have a Material Adverse EffectEffect with respect to Borrower.

Existence and Standing. The Borrower (a) is a corporation and each of its Subsidiaries is a corporation, partnership, partnership or limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the where such failure to have such authority would could not reasonably be expected to have a Material Adverse Effect.

Existence and Standing. The Borrower (a) is a corporation, partnership, limited liability company or other entity duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and (b) has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that the failure to have such authority would not reasonably be expected to have a Material Adverse Effectorganization.

Existence and Standing. The Borrower (a) is a corporation, partnership, limited liability company or other entity company, duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization organization, and (b) has all requisite authority to conduct its business and is duly qualified or licensed to transact business as a foreign limited liability company and in good standing under the laws of each jurisdiction in which the conduct of its business is conductedoperations or the ownership or leasing of its properties requires such qualification or licensing, except to the extent that the where failure to have such authority would be so qualified or licensed could not reasonably be expected to have a Material Adverse Effect.