Common use of Organization and Powers Clause in Contracts

Organization and Powers. Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite power and authority to own its assets and carry on its business and to execute, deliver and perform its obligations under this Note.

Organization and Powers. Borrower is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware, and . Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents, and to execute, deliver and perform its obligations under this Notecarry out the transactions contemplated thereby.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Borrower has all requisite the corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted, to enter into the Loan Documents to which it is a party and to execute, deliver and perform its obligations under this Notecarry out the transactions contemplated thereby.

Organization and Powers. Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and proposed to be conducted, to enter into each Loan Document to which it is a party and to execute, deliver and perform its obligations under this Noteincur the Obligations.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and to execute, deliver carry out the transactions contemplated thereby and perform its obligations under this Noteby the Transaction Documents.

Organization and Powers. Borrower is a corporation duly organized, organized and validly existing and in good standing under the laws Laws of the State of Delaware, Delaware and has all requisite corporate or partnership (as applicable) power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents, to carry out the transactions contemplated thereby and pay the Obligation and to execute, deliver grant to Administrative Agent Liens upon and perform its obligations under this Notesecurity interests in the Collateral.

Organization and Powers. Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Docu- ments and to execute, deliver carry out the transactions contemplated thereby and perform its obligations under this Noteby the Transaction Documents.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and the Material Contracts to which it is a party and to execute, deliver and perform its obligations under this Notecarry out the transactions contemplated thereby.

Organization and Powers. Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and to execute, deliver carry out the transactions contemplated thereby and perform its obligations under this Noteby the Transaction Documents.

Organization and Powers. Such Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareDelaware or Florida (as applicable), and has all requisite power and authority authority, to own and operate its assets and Assets, to carry on its business as now conducted and proposed to be conducted, to enter into this Agreement, to issue the Notes, to enter into the Transaction Documents, and to execute, deliver carry out the transactions contemplated hereby and perform its obligations under this Notethereby.

Organization and Powers. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and to execute, deliver and perform its obligations under this Notecarry out the transactions contemplated thereby.

Organization and Powers. Borrower is a corporation duly ----------------------- organized, validly existing and in good standing under the laws of the State of Delaware, and has no subsidiaries. Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into each of the Loan Documents to which it is a party, to carry out the transactions contemplated thereby and to execute, deliver issue and perform its obligations under this pay the Note.

Organization and Powers. Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Borrower has all requisite corporate power and authority to own and operate its assets and properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and to execute, deliver and perform its obligations under this Notecarry out the transactions contemplated thereby.