Common use of The Advisor Clause in Contracts

The Advisor. The Advisor is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware with full power and authority to conduct its business as described in the Prospectus. The Advisor is or will be duly qualified to do business and is in good standing as a foreign limited liability company in each other jurisdiction in which it owns or leases property of a nature, or transacts business of a type, that would make such qualification necessary except where the failure to be so qualified or in good standing could not have, individually or in the aggregate, a Material Adverse Effect.

The Advisor. The Advisor is a limited liability company Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware with full power and authority to conduct its business as described in the Prospectus. The Advisor is or will be duly qualified to do business and is in good standing as a foreign limited liability company corporation in each other jurisdiction in which it owns or leases property of a natureis doing business as described in the Prospectus, or transacts business of a type, that would make which requires such qualification necessary except where to enable the failure Advisor to be so qualified or conduct the business in good standing could not have, individually or in the aggregate, a Material Adverse Effectwhich it is engaged as described.