Corporate Existence and Good Standing, Etc. (a) It and its respective Subsidiaries are Corporations validly organized and existing and in good standing under the laws of the jurisdictions in which they are organized, and each has the requisite organizational power to own its property and conduct its business as presently conducted by it; and
Appears in 5 contracts
Samples: Credit and Security Agreement (Seacastle Inc.), Credit and Security Agreement (Interpool Inc), Credit Agreement (Interpool Inc)