Common use of AUTHORITY TO TRANSACT BUSINESS Clause in Contracts

AUTHORITY TO TRANSACT BUSINESS. Pursuant to Code of Virginia §2.2-4311.2 and, if so required by Title 13.1 or Title 50 of the Code of Virginia, Vendor shall be properly registered to transact business in the Commonwealth of Virginia as a domestic or foreign business entity and shall not allow its existence to lapse or its certificate of authority or registration to be revoked or cancelled at any time during the term of the Agreement. This provision is not applicable if Vendor is an individual.

Appears in 5 contracts

Samples: Food Truck Fridays, Agreement, Agreement

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