Common use of Existence, Power and Qualification Clause in Contracts

Existence, Power and Qualification. Guarantor is a duly organized and validly existing corporation, has the power to own its properties and to carry on its business as is now being conducted, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a limited liability company duly organized organized, in good standing and validly existing corporationunder the laws of the state of its formation as set forth in the introductory paragraph of this Agreement, has the power to own its properties and to carry on its business as is now being conductedconducted and to execute and deliver this Guaranty, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a corporation duly organized and organized, validly existing corporationand in good standing under the laws of the state of its formation as set forth in the heading of this Guaranty, has the power to own its properties and to carry on its business as is now being conducted, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a duly organized and validly existing corporation, has the corporate power to own its properties and to carry on its business as is now being conducted, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a corporation duly organized and validly existing corporationunder the laws of the state of its formation as set forth in' the heading of this Guaranty, has the corporate power to own its properties and to carry on on. its business as is now being conducted, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a duly corporation organized and validly existing corporationunder the laws of the country of its formation as set forth in the heading of this Agreement, has the power to own its properties and to carry on its business as is now being conducted, and is duly qualified to do business business, and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes its qualification necessary.

Existence, Power and Qualification. Guarantor is a duly organized and validly existing corporation, has the power to own its properties and to carry on its business as is now being conducted, and is duly qualified to do business and is in good standing in every jurisdiction in which the character of the properties owned by it or in which the transaction of its business makes such qualification and good standing necessary, except where failure to so qualify or be in good standing would not adversely affect Guarantor’s ability to perform its qualification necessaryobligations hereunder.