Common use of All Parties Clause in Contracts

All Parties. Each party represents, warrants and covenants that: (a) it is duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is organized; (b) it and, in the case of Service Provider, any Agents that perform services under this Agreement on its behalf, is each duly qualified to do business and has all requisite licenses and authority to carry on its business in the state in which it is organized and in all other jurisdictions in which it conducts business under this Agreement; (c) it is free to enter into this Agreement and by doing so, it will not breach or otherwise impair any other agreement or understanding with any other person or organization, nor violate any applicable law, rule, or regulation; (d) it has full power and authority under applicable law and agreement with each Account Holder and has taken all action necessary to enter into, and perform its obligations under this Agreement, and this Agreement has been duly authorized by it; (e) at all times it shall comply with all applicable laws, rules and regulations applicable to it by virtue of entering into this Agreement; and (f) it will promptly notify the other parties in the event that it is, for any reason, unable to perform any of its obligations under this Agreement.

Appears in 4 contracts

Samples: Services Agreement (ALPS Variable Investment Trust), Services Agreement (ALPS Variable Investment Trust), Services Agreement (Financial Investors Variable Insurance Trust)

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All Parties. Each party represents, warrants and covenants that: (a) it is duly organized, validly existing and in good standing under un­der the laws of the jurisdiction in which it is organized; (b) it and, in the case of Service Provider, any Agents that perform services under this Agreement on its behalf, is each duly qualified quali­fied to do business and has all requisite licenses and authority to carry on its business in the state in which it is organized and in all other jurisdictions in which it conducts business under this Agreement; (c) it is free to enter into this Agreement and by doing so, it will not breach or otherwise impair any other agreement or understanding under­standing with any other person or organization, nor violate any applicable law, rule, or regulation; (d) it has full power and authority under applicable law and agreement with each Account Holder and has taken all action necessary to enter into, and perform its obligations obliga­tions under this Agreement, and this Agreement has been duly authorized by it; (e) at all times it shall comply with all applicable laws, rules and regulations applicable to it by virtue of entering into this Agreement; and (f) it will promptly notify the other parties in the event that it is, for any reason, unable to perform any of its obligations under this Agreement.

Appears in 1 contract

Samples: Services Agreement (ALPS Variable Investment Trust)

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All Parties. Each party represents, warrants and covenants that: (a) it is duly organized, validly existing and in good standing under un-der the laws of the jurisdiction in which it is organized; (b) it and, in the case of Service Provider, any Agents that perform services under this Agreement on its behalf, is each duly qualified quali-fied to do business and has all requisite licenses and authority to carry on its business in the state in which it is organized and in all other jurisdictions in which it conducts business under this Agreement; (c) it is free to enter into this Agreement and by doing so, it will not breach or otherwise impair any other agreement or understanding under-standing with any other person or organization, nor violate any applicable law, rule, or regulation; (d) it has full power and authority under applicable law and agreement with each Account Holder and has taken all action necessary to enter into, and perform its obligations obliga-tions under this Agreement, and this Agreement has been duly authorized by it; (e) at all times it shall comply with all applicable laws, rules and regulations applicable to it by virtue of entering into this Agreement; and (f) it will promptly notify the other parties in the event that it is, for any reason, unable to perform any of its obligations under this Agreement.

Appears in 1 contract

Samples: Services Agreement (ALPS Variable Investment Trust)

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