Common use of Existence, Qualification and Power; Compliance with Applicable Laws Clause in Contracts

Existence, Qualification and Power; Compliance with Applicable Laws. Each Loan Party and each of its Restricted Subsidiaries (a) is duly organized or formed, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority and all requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party, and (c) is duly qualified and is licensed and in good standing under the laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license and (d) is in compliance with all Applicable Laws; except in each case referred to in clause (b)(i), (c) or (d), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. No Loan Party is an EEA Financial Institution.

Existence, Qualification and Power; Compliance with Applicable Laws. Each Loan Party Obligor and each of its Restricted Subsidiaries (a) is duly organized or formed, validly existing and in good standing (to the extent the concept of good standing exists in such jurisdiction) under the laws Applicable Laws of the jurisdiction of its incorporation or organizationformation, and (b) has all requisite corporate (or other equivalent entity) power and authority and all requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations obligations, if any, under the Loan Credit Documents to which it is a party, and (c) is duly qualified and is licensed and in good standing under the laws Applicable Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license and (d) is in compliance with all Applicable Lawslicense; except in each case referred to in clause (b)(i), (c) or (dc), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. No Loan Party Obligor is an EEA Financial Institution.

Existence, Qualification and Power; Compliance with Applicable Laws. Each Loan Party Obligor and each of its Restricted Subsidiaries (a) is duly organized or formed, validly existing and in good standing (to the extent the concept of good standing exists in such jurisdiction) under the laws Applicable Laws of the jurisdiction of its incorporation or organizationformation, and (b) has all requisite corporate (or other equivalent entity) power and authority and all requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations obligations, if any, under the Loan Credit Documents to which it is a party, and (c) is duly qualified and is licensed and in good standing under the laws Applicable Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license and (d) is in compliance with all Applicable Lawslicense; except in each case referred to in clause (b)(i), (c) or (dc), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. No Loan Party is an EEA Financial Institution.

Existence, Qualification and Power; Compliance with Applicable Laws. Each Loan Party Obligor and each of its Restricted Subsidiaries (a) is duly organized or formed, validly existing and in good standing (to the extent the concept of good standing exists in such jurisdiction) under the laws Applicable Laws of the jurisdiction of its incorporation or organizationformation, and (b) has all requisite corporate (or other equivalent entity) power and authority and all requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations obligations, if any, under the Loan Credit Documents to which it is a party, and (c) is duly qualified and is licensed and in good standing under the laws Applicable Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license and (d) is in compliance with all Applicable Lawslicense; except in each case referred to in clause (b)(i), (c) or (dc), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. No Loan Party Obligor is an EEA Affected Financial InstitutionInstitution or Covered Entity.