Common use of Existence; Power Clause in Contracts

Existence; Power. Borrower (a) is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of Nebraska, (b) has all requisite power and authority to carry on its businesses as now conducted, and (c) is duly qualified to do business, and is in good standing, in each jurisdiction where such qualification is required, except where a failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.

Existence; Power. Borrower (a) is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of NebraskaSouth Dakota, (b) has all requisite power and authority to carry on its businesses as now conducted, and (c) is duly qualified to do business, and is in good standing, in each jurisdiction where such qualification is required, except where a failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.

Existence; Power. Borrower (a) is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of NebraskaKansas, (b) has all requisite power and authority to carry on its businesses as now conducted, and (c) is duly qualified to do business, and is in good standing, in each jurisdiction where such qualification is required, except where a failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.

Existence; Power. Borrower (a) is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of NebraskaDelaware, (b) has all requisite power and authority to carry on its businesses as now conducted, and (c) is duly qualified to do business, and is in good standing, in each jurisdiction where such qualification is required, except where a failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.

Existence; Power. Borrower (a1) is duly organized, validly existing and in good standing as a limited liability company under the laws of the State state of NebraskaDelaware, (b2) has all requisite power and authority to carry on its businesses as now conducted, and (c3) is duly qualified to do business, and is in good standing, in each jurisdiction where such qualification is required, except where a failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect.