Corporate Existence and Business. Borrower is a corporation duly organized and validly existing in good standing under the laws of its jurisdiction of incorporation and is duly qualified to do business and is in good standing in each jurisdiction in which such qualification is necessary to execute, deliver and perform this Agreement and each other Credit Facility Document to which it is or is to become a party.
Corporate Existence and Business. The Company is a Company duly organized, legally existing, and in good standing under the laws of the State of Delaware with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as currently conducted. The Company is currently a development stage start-up technology company focused on the acquisition and development of intellectual property and technologies in the Republic of Hungary for commercialization in international markets. The Company seeks to acquire rights to and interests in intellectual property and technologies through a variety of methods including, but not limited to, the direct investment in entities owning or developing the intellectual property, licensing of the intellectual property or technology, or a joint venture arrangement to mutually develop and commercialize the intellectual property or technologies.
Corporate Existence and Business. Each Obligor is a corporation duly organized and validly existing in good standing under the laws of its jurisdiction of incorporation and is duly qualified to do business and is in good standing in each jurisdiction in which such qualification is necessary to execute, deliver and perform this Agreement and each other Credit Facility Document to which it is or is to become a party.
Corporate Existence and Business. Guarantor is a corporation duly -------------------------------- organized and validly existing in good standing under the laws of the jurisdiction of its incorporation and is duly qualified to do business and is in good standing in each jurisdiction in which such qualification is necessary to execute, deliver and perform this Guaranty and each other Credit Document to which it is or is to become a party.
Corporate Existence and Business. Borrower is duly organized, qualified and in good standing under the laws of the State of California and in those states where it does business, and Borrower will maintain and preserve its corporate existence, rights and franchises in full force and effect.
Corporate Existence and Business. The Sponsor (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and (b) has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
Corporate Existence and Business. TECO is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation and is duly qualified to do business and is in good standing in each jurisdiction in which such qualification is necessary to execute, deliver and perform this Undertaking and each other document to which it is or is to become a party to complete the transactions contemplated hereby.
Corporate Existence and Business. The Equity Guarantor is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation, is duly qualified to do business and is in good standing in each other jurisdiction where the failure to so qualify could reasonably be expected to have a material adverse effect on its ability to perform hereunder. As of the date hereof, the Equity Guarantor directly or indirectly owns 100% of the equity interests in each of the Equity Contributors. (b)
Corporate Existence and Business. Maintain, and cause each Subsidiary to maintain, its separate corporate, limited liability company or partnership existence, as applicable, and its qualification and good standing in all States in which the failure to so qualify or be in good standing could reasonably be expected to have a Material Adverse Effect; and carry on business of the same general types presently conducted by it.
Corporate Existence and Business. The Equity Investor (a) is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and (b) is duly qualified to do business and in good standing in each jurisdiction in which such qualification is necessary to execute, deliver and perform this Agreement and each of the other Transaction Documents to which it is a party.
