Common use of Organization and Powers Clause in Contracts

Organization and Powers. Each Borrower is an entity duly organized or formed, validly existing and in good standing (where applicable) under the laws of the jurisdiction of its incorporation or organization. Each Borrower has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby.

Organization and Powers. Each Borrower is an entity a corporation duly organized or formedorganized, validly existing and in good standing (where applicable) under the laws of the its jurisdiction of its incorporation or organizationincorporation. Each Borrower has all requisite corporate power and authority (i) to own and operate its properties, properties and to carry on its business as now conducted and as proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into the Loan Documents to which it is a party this Agreement and to carry out the transactions contemplated therebyhereby.

Organization and Powers. Each The Borrower is an entity duly organized or formedorganized, validly existing and in good standing (where applicable) under the laws of the jurisdiction Laws of its incorporation or organizationstate of formation. Each The Borrower has all requisite power and authority to own and operate its propertiesProperties, to carry on its business businesses as now conducted and as proposed to be conducted, . The Borrower has all requisite power and authority to enter into the Loan Documents each Transaction Document to which it is a party and to carry out perform the transactions contemplated therebyterms thereof.

Organization and Powers. Each Borrower is an entity a corporation duly organized or formedorganized, validly existing and in good standing (where applicable) under the laws of the its jurisdiction of its incorporation or organizationincorporation. Each Borrower has all requisite corporate power and authority (i) to own and operate its properties, properties and to carry on its business as now conducted and as proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and (ii) to enter into the Loan Documents to which it is a party this Agreement and to carry out the transactions contemplated therebyhereby, and to issue the Notes.

Organization and Powers. Each of the Borrower Entities is an entity a ----------------------- corporation, limited liability company or limited partnership (as applicable) duly organized or formedorganized, validly existing and in good standing (where applicable) under the laws of the its jurisdiction of its incorporation or organizationorganization (which jurisdiction is set forth on Schedule 4.4.1 hereto). Each of the Borrower Entities has all requisite corporate, partnership or limited liability company (as applicable) power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, and to enter into execute, deliver and perform its obligations under the Loan Documents to which it is a party and to carry out the transactions contemplated therebyDocuments.

Organization and Powers. Each Borrower is an entity duly organized or formedorganized, validly existing existing, and in good standing (where applicable) under the laws of the its jurisdiction of its incorporation or organizationorganization and qualified to do business in each jurisdiction where such qualification is required except where failure to be so qualified could not reasonably be expected to be a Material Adverse Event. Each Borrower has all requisite power and authority to own and operate its properties, to carry on its business as now conducted conducted, and as proposed to be conducted, conducted and to enter into the each Loan Documents Document to which it is a party and to carry out the transactions contemplated therebyparty.

Organization and Powers. Each Borrower is an entity duly organized or formedformed , validly existing and in good standing (where applicable) under the laws of the jurisdiction of its incorporation or organization. Each Borrower has all requisite power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby.

Organization and Powers. Each Borrower is an entity a corporation duly organized or formedorganized, validly existing and in good standing (where applicable) under the laws of the its jurisdiction of its incorporation or organizationincorporation. Each Borrower has all requisite corporate power and authority to own and operate its properties, properties and to carry on its business as now conducted and as proposed to be conducted, except where the lack of corporate power and authority would not have a Material Adverse Effect and to enter into the Loan Documents to which it is a party this Agreement and to carry out the transactions contemplated therebyhereby.

Organization and Powers. Each Borrower is an entity duly organized or formed, and validly existing and in good standing (where applicable) under the laws of the jurisdiction its respective states of its incorporation or organizationformation. Each Borrower has all requisite power and authority authority, rights and franchises to (i) own and operate its properties, to carry on its business businesses as now conducted and as proposed to be conducted, and (ii) to enter into and perform under the Loan Documents Agreement and other Loan Documents. The address of Borrower’s chief executive office and principal place of business continues to which it is a party and to carry out be as set forth in the transactions contemplated therebyLoan Agreement.

Organization and Powers. Each Borrower is an entity duly organized or formed, validly existing and in good standing (where applicable) under the laws of the jurisdiction of its incorporation or organization. Each Borrower has all requisite power and authority to (i) own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, conducted except where failure to do so could not reasonably be expected to have a Material Adverse Effect and (ii) to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby.