Authority And Good Standing. Each Obligor: (a) has the power to enter into this Agreement and any related documents and to perform all of its obligations hereunder and thereunder; (b) has duly authorized the entry into and performance of this Agreement and all related documents; and (c) is in good standing in the state of its organization and is qualified to do business and is in good standing in all other states in which it transacts business.
Appears in 4 contracts
Samples: Modification Agreement (Lecroy Corp), Credit Agreement (Sunrise Senior Living Inc), Credit Agreement (Sunrise Senior Living Inc)
Authority And Good Standing. Each Obligor: OBLIGOR:
(a) has the power to enter into this Agreement AGREEMENT and any related documents and to perform all of its obligations hereunder and thereunder; (b) has duly authorized the entry into and performance of this Agreement AGREEMENT and all related documents; and (c) is in good standing in the state jurisdiction of its organization and is qualified to do business and is in good standing in all other states in which it transacts businessorganization.
Appears in 1 contract
Samples: Modification Agreement (Accom Inc)
