Common use of Good Standing of the Fund Clause in Contracts

Good Standing of the Fund. The Fund has been duly organized and is in good standing and has a legal existence as a Maryland corporation and has the power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement and the Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing and has a legal existence as a corporation under the laws of Maryland corporation and has the full power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Maryland and has a legal existence as a Maryland corporation and has the corporate power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement and the Prospectus and to enter into and perform its obligations under this Agreement; and the Fund is duly qualified as a foreign corporation to transact business and is in good standing under the laws in each other jurisdiction in which such qualification is required, whether by reason of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.the

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing and has a legal existence as a Maryland corporation under the laws of the State of Maryland, and has the full power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing as a corporation under the laws of the State of Maryland and has a legal existence as a Maryland corporation and has the power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized and is validly existing in good standing as a corporation under the laws of the State of Maryland and has a legal existence as a Maryland corporation and has the power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing and has a legal existence as a corporation under the laws of Maryland corporation and has the full power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where the failure to be so qualified or the failure to be in good standing would not reasonably be expected to have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing and has a legal existence as a corporation under the laws of the state of Maryland corporation and has the full power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Fund Agreements; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where failure to be so qualified or the failure to be in good standing would not have a Fund Material Adverse Effect.

Good Standing of the Fund. The Fund has been duly organized formed and is validly existing in good standing and has a legal existence as a corporation under the laws of the State of Maryland corporation and has the full corporate power and authority to own, lease and operate its properties and assets and to conduct its business as described in the Registration Statement Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this AgreementProspectus; and the Fund is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification, except for any such jurisdiction where the failure to be so qualified or the failure to be in good standing would does not have a Fund Material Adverse Effect.