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Existence; Compliance With Law
Existence; Compliance With Law contract clause examples

. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except to the extent that its failure to be so qualified could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

. Each Group Member # is duly 1">organized,1">organized or formed, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the3"> corporate or similar organizational power and authority, and the legal right, to own and operate its property, to lease the property it operates as 5">a lessee and to conduct the business in which it is currently 7">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,7">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except 9">to9">where the11"> extent that its failure to be so qualified could not, in the aggregate, reasonably be expected to have a Material Adverse 13">Effect,13">Effect and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently 1">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,1">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such 3">qualification, except3">qualification and # is in compliance with all Requirements of Law except, with respect to 5">any of the 7">extent that its failure to be so qualified7">[foregoing clauses (a)-(d)])], as could not, in the aggregate, reasonably be expected to have a Material Adverse 9">Effect, and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

. Each Group Member 1">(other than any Immaterial Subsidiary) # is duly organized,3"> formed or incorporated, validly existing and in good standing under the laws of the jurisdiction of its organization,5"> formation or incorporation, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently 7">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,7">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where 9">its ownership, lease or operation of property or the11"> conduct of its business requires such qualification, except to the extent that its failure to be so qualified 13">could not,13">or in 15">the aggregate,15">good standing could reasonably be expected to have a Material Adverse 17">Effect,17">Effect and # is in19"> material compliance with all Requirements of Law except 21">in such instances in which # such Requirement of Law is being contested in good faith by appropriate proceedings diligently conducted and the prosecution of such contest could not reasonably be expected to 23">the extent that23">result in a Material Adverse Effect, or # the failure to comply 25">therewith could not,25">therewith, either individually or in the aggregate,27"> could not reasonably be expected to have a Material Adverse Effect.

0">.0">Existence; Compliance with Law. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except to the extent that its failure to be so qualified could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

0">.0">Existence; Compliance with Law. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except to the extent that its failure to be so qualified could not, in the aggregate, reasonably be expected to have a Material Adverse Effect, and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently 1">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,1">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such 3">qualification, except3">qualification and # is in compliance with all Requirements of Law except, with respect to 5">any of the 7">extent that its failure to be so qualified7">foregoing clauses (a[[Borrower:Organization]]-(d[[Borrower:Organization]], as could not, in the aggregate, reasonably be expected to have a Material Adverse 9">Effect, and # is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

0">.0">Existence; Compliance with Law. Each Group Member # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the power and authority, and the legal right, to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently 2">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,2">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where 4">its ownership, lease or operation of property or the6"> conduct of its business requires such qualification, except to the extent that its failure to be so qualified 8">could not, in the aggregate,8">would reasonably be expected to have a Material Adverse 10">Effect,10">Effect and # is in12"> material compliance with all Requirements of Law except 14">in such instances in which # such Requirement of Law is being contested in good faith by appropriate proceedings diligently conducted and the prosecution of such contest would not reasonably be expected to 16">the extent that16">result in a Material Adverse Effect, or # the failure to comply 18">therewith could not,18">therewith, either individually or in the aggregate,20"> would not reasonably be expected to have a Material Adverse Effect.

. Each 1">of the Group 3">Member3">Members # is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, # has the 5">corporate power and authority, and the legal 7">right,7">right and all material governmental licenses, authorizations, consents and approvals necessary to own and operate its 9">property,9">Property, to lease the 11">property11">Property it operates as lessee and to conduct the business in which it is currently 13">engaged except to the extent that its failure could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,13">engaged, # is duly qualified as a foreign corporation or other organization and in good standing under the laws of each jurisdiction where its ownership, lease or operation of 15">property15">Property or the conduct of its business requires such 17">qualification, except to the extent that its failure to be so qualified could not, in the aggregate, reasonably be expected to have a Material Adverse Effect,17">qualification and # is in compliance with all Requirements of 19">Law19">Law, except21"> in the case of clauses (iii) and (iv) to the extent that the failure to23"> so qualify or comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

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