Common use of Incorporation, Good Standing, and Due Qualification Clause in Contracts

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporated; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engagedengaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, existing and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed and proposes to be engagedengaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required. The Borrower has no Subsidiaries.

Incorporation, Good Standing, and Due Qualification. Borrower is a --------------------------------------------------- corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporated; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engagedengaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except where the failure to do so would not have a material adverse effect on the Borrower.

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation limited liability company duly incorporatedorganized, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its organization; has the corporate company power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engagedengaged in; and is duly qualified as a foreign corporation limited liability company and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedof Maryland; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engagedengaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; engaged in, and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporated; and has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it jurisdiction of its incorporation. The Borrower is incorporated; has the corporate power and authority qualified to own its assets and to transact the do business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which wherever such qualification is requirednecessary and has full power and authority, corporate and otherwise, to enter into this Agreement and other Credit Documents required hereunder on its behalf.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.its

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporatedcorporation, validly existing, existing and in good standing under the laws of the State in which it is incorporated; of its incorporation, and has the corporate power and authority to own and/or lease its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, existing and in good standing under the laws of the State in which it is incorporated; jurisdiction of its incorporation, has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; , and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is requiredwhere failure to qualify could have a Material Adverse Effect.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing having an active status under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, if any.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and and, to the best of Borrower's knowledge, is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Incorporation, Good Standing, and Due Qualification. Borrower is a corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporated; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required, except such jurisdictions where the failure to so qualify would not have a material adverse effect on the business of the Borrower.

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated, validly existing, and in good standing having an active status under the laws of the State in which it is incorporatedof Utah; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engaged; and is duly qualified as a foreign corporation and in good standing under the laws Laws of each other jurisdiction in which such qualification is required, if any.

Incorporation, Good Standing, and Due Qualification. Each Borrower is a --------------------------------------------------- corporation duly incorporated, validly existing, and in good standing under the laws of the State in which it is incorporatedjurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposed to be engagedengaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.