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.
Appears in 3 contracts
Samples: Equity Contribution (Teco Energy Inc), Teco Energy Inc, Teco Energy Inc
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 Bridge Loan Document to which it is or is to become a party.
Appears in 2 contracts
Samples: Equity Bridge Guaranty (Teco Energy Inc), Equity Bridge Guaranty (Teco Energy Inc)
Corporate Existence and Business. The Guarantor (a) is a corporation duly -------------------------------- organized and organized, validly existing and in good standing under the laws of the jurisdiction its state of its incorporation organization or formation and (b) is duly qualified to do business and is in good standing in each other 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 partyGuaranty.
Appears in 1 contract
Samples: Guaranty Agreement (Global Clean Energy Holdings, Inc.)
Corporate Existence and Business. The Guarantor is a corporation duly -------------------------------- organized and validly existing in good standing under the laws of the jurisdiction of its incorporation and 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 Closing Date, the Guarantor directly or indirectly owns 100% of the equity interests 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.the Borrower. (c)
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