Common use of Good Standing of the Investment Manager Clause in Contracts

Good Standing of the Investment Manager. The Investment Manager has been duly organized and is validly existing and in good standing as a limited liability company under the laws of the State of Delaware with full limited liability company power and authority to own, lease and operate its properties and to conduct its business as described in the prospectus and is duly qualified as a foreign limited liability company to transact business and is in good standing in each other jurisdiction in which such qualification is required.

Good Standing of the Investment Manager. The Investment Manager has been duly organized and is validly existing and in good standing as a limited liability company partnership under the laws of the State of Delaware with full limited liability company power and authority to own, lease and operate its properties and to conduct its business as described in the prospectus and is duly qualified as a foreign limited liability company to transact business and is in good standing in each other jurisdiction in which such qualification is required.

Good Standing of the Investment Manager. The Investment Manager has been duly organized and is validly existing and as a corporation in good standing as a limited liability company under the laws of the State of Delaware Delaware, with full limited liability company the corporate power and authority to own, lease and operate its properties and to conduct its business as described in the prospectus Prospectus and is duly qualified as a foreign limited liability company to transact conduct business in, and is in good standing in in, each other jurisdiction in which the nature of its activities or the character of its assets requires such qualification is requiredqualification, except where the failure to be so qualified would not have a material adverse effect on the Investment Manager.