Common use of Due Organization Clause in Contracts

Due Organization. Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation limited liability company duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporationformation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would or in good standing could not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation an entity duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporationincorporation or formation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Each Borrower is a company or corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its organization or incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be in good standing or so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation company duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, formation and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation or company, as applicable, duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporationincorporation or organization, as applicable, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing in each e ach other jurisdiction in which its business is conducted or its properties prope rties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which the conduct of its business is conducted or the location of its properties are locatedrequires that it be so qualified, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect. Borrower’s federal tax identification numbers are as set forth on Schedule 3.1.

Due Organization. Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing sanding in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Each Borrower is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect.

Due Organization. Each Borrower is a corporation or company duly organized and validly existing in good standing under the laws of the jurisdiction of its organization or incorporation, and is duly qualified to conduct business and is in good standing in each other jurisdiction in which its business is conducted or its properties are located, except where the failure to be in good standing or so qualified would not reasonably be expected to have a Material Adverse Effect.