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

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

Incorporation, Good Standing, and Due Qualification. The Borrower is a corporation duly incorporated or formedincorporated, validly existing existing, and in good standing under the laws of the State of Delaware, ; has the corporate or other power and authority to own or lease its properties 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 or foreign entity 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 limited liability company duly incorporated or formedincorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation, Delaware, has the corporate or other power and authority to own or lease its properties 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 or foreign entity and limited liability company 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 or formedincorporated, validly existing existing, and in good standing under the laws of State of Delaware, has the corporate or other power and authority to own or lease its properties assets and to transact the business businesses in which it is now engaged or proposed to be engaged, ; and is duly qualified as a foreign corporation or foreign entity and in good standing under the laws of each other jurisdiction in which such qualification is requiredrequired except where failure to be qualified would not have a material adverse effect on the Borrower’s business or operations.

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