Composition and Qualification. (i) The Discretionary Committee shall consist of three individuals, each of whom is resident and employed by the Trustee in Alberta and at least two of whom are employed out of the Calgary Office.
Composition and Qualification Sample Clauses
Related to Composition and Qualification
Organization, Good Standing and Qualification The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties.
