Common use of Organization and Powers Clause in Contracts

Organization and Powers. Loan Parties are entities duly organized, validly existing and in good standing under the laws of the jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Loan Parties have all requisite power and authority to own and operate their properties, to carry on their business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respects.

Organization and Powers. Each of the Loan Parties are entities is a ----------------------- corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsthis Amendment.

Organization and Powers. Each of the Loan Parties are entities is duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states jurisdictions where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite organizational power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is a ----------------------- corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is a corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is a ----------------------- corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required required, except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is an entity duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation organization and qualified to do business in all states and other jurisdictions where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is a ----------------------- Person duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation organization and qualified to do business in all states where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite organizational power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is a corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsFacility Document.

Organization and Powers. Each of the Loan Parties are entities is a Person duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation organization and qualified to do business in all states where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite organizational power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respectsLoan Document.

Organization and Powers. Each of the Loan Parties are entities is duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states jurisdictions where such qualification is required except where failure to be so qualified could not reasonably be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite organizational power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Document to which each is a party, in each case, in all material respects.Loan Document. SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

Organization and Powers. Each of the Loan Parties are entities is a corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of their incorporation or formation and qualified to do business in all states where such qualification is required except where failure to be so qualified could not be reasonably expected to have a Material Adverse Effect. Each of the Loan Parties have has all requisite corporate power and authority to own and operate their its properties, to carry on their its business as now conducted and proposed to be conducted and to enter into each Transaction Loan Document to which each it is a party, in each case, in all material respects.