Power To Carry On Business. Borrower has all requisite power and authority to own and operate its properties and to carry on its business as now conducted and as presently planned to be conducted.
Power To Carry On Business each of the Loan Parties has full corporate, partnership or trust power and capacity, as applicable, to own and lease its properties and assets and conduct its business as presently conducted;
Power To Carry On Business. Each of the Borrower, the Guarantor, and their respective managers has all requisite power and authority to own and operate its properties and to carry on its business as now conducted and as presently planned to be conducted.
Power To Carry On Business. Company has the power and authority and possesses the rights, licenses, registrations, authorizations and other approvals, governmental or otherwise, necessary to, and to entitle it to, own, lease or otherwise hold its properties and assets, and to carry on its business as currently conducted in all material respects. Company is duly qualified, licensed or registered to transact business and is in good standing in each jurisdiction in which it owns or leases properties, or otherwise does business, except where the failure to be so qualified or authorized would not, individually or in the aggregate, have a Company Material Adverse Effect.
Power To Carry On Business. Each Borrower and Subsidiary -------------------------------- has all requisite corporate power and authority to own and operate its properties and to carry on its business as now conducted and as presently planned to be conducted.
Power To Carry On Business. The Company is the sole successor in interest to the business of Capital & Technology Advisors LLC and Communication Technology Advisors LLC (each, an "LLC" and collectively, the "LLCs") and has the power and authority and possess the rights, licenses, authorizations and approvals, governmental or otherwise, necessary to entitle it to own, lease or otherwise hold its material properties and assets, and to carry on its business as currently conducted. The Company is duly qualified, licensed or registered to transact business, and is in good standing in each jurisdiction in which it owns or leases properties.
Power To Carry On Business. Solomon has all requisite power and authority to own and operate its properties and to carry on its business as now conducted and as presently planned to be conducted.
Power To Carry On Business. TCI has all requisite power and authority to own and operate its properties and to carry on its business as now conducted and as presently planned to be conducted.
Power To Carry On Business. Each Borrower and each Restricted Subsidiary of each Borrower has all requisite power and authority and all necessary licenses, permits, approvals, consents, qualifications, authorizations and accreditations to own and operate its respective properties and to carry on its respective business as now conducted and as presently planned to be conducted, including, but not limited to, the ownership and operation of its skilled and intermediate long-term care nursing facilities, pursuant to all applicable Laws except where any failure to possess any such license, permit, approval, consent, qualification, authorization or accreditation, either individually or collectively with all other such failures, could not have a Material Adverse Effect. No Borrower and no Subsidiary of any Borrower is in default under any such license, permit, approval, consent, qualification, authorization or accreditation, and no event has occurred, and no condition exists, which, with the giving of notice, the passage of time or both, would constitute a default thereunder, which default or condition, individually or collectively with other such defaults or conditions, could have a Material Adverse Effect. Where required by Law, the Borrowers have obtained valid certificates of need and all other accreditations necessary to own and operate all of their facilities. No condition exists, and no event has occurred, which, with the giving of notice, the passage of time or both, would result in the suspension, revocation, impairment, forfeiture or nonrenewal of any such license, permit, approval, consent, qualification, authorization or accreditation, and there is no claim challenging the validity of any of the foregoing which condition, event or claim, individually or collectively with all such conditions, events or claims, could have a Material Adverse Effect.
Power To Carry On Business. Each of the Borrowers shall, and shall cause each of its Restricted Subsidiaries to, (a) maintain in effect all licenses, permits, approvals, consents, qualifications, authorizations and accreditations necessary or appropriate to own and operate all nursing or other facilities which it owns or operates and (b) obtain all licenses, permits, approvals, consents, qualifications, authorizations and accreditations necessary or appropriate to own and operate all nursing or other facilities which it acquires.
