Common use of Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number Clause in Contracts

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower's tax identification numbers are correctly set forth in Section 3.6 hereto.

Appears in 2 contracts

Samples: Credit and Security Agreement (PetroHunter Energy Corp), Credit and Security Agreement (PetroHunter Energy Corp)

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Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower's tax identification numbers are correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Seair Group Inc)

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland California and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existencethe last five (5) years, the Borrower has done business solely under the names set forth in Schedule SCHEDULE 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule SCHEDULE 5.1 hereto. The Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Educational Insights Inc)

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland Colorado and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that locationthe locations identified in Schedule 5.1. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Vari L Co Inc)

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State state of Maryland its incorporation, and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Each Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the each Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Except as changed in accordance with Section 7.15, each Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all the records of the Borrower's records each Borrower relating to its respective business or the Collateral are kept at that location. All Except as changed in accordance with Section 7.15, all Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Each Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.. Section 1.32

Appears in 1 contract

Samples: Credit and Security Agreement

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State its state of Maryland incorporation and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Each Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the each Borrower has done business solely under the names set forth in Schedule SCHEDULE 5.1 hereto. The Each Borrower's chief executive office and principal place of business is located at the address set forth in Schedule SCHEDULE 5.1 hereto, and all of the such Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule SCHEDULE 5.1 hereto. The Each Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Microtel International Inc)

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Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland Massachusetts and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower's tax identification numbers are number is correctly set forth in Section 3.6 3.7 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Stocker & Yale Inc)

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State state of Maryland its incorporation, and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Each Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the each Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Except as changed in accordance with Section 7.15, each Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all the records of the Borrower's records each Borrower relating to its respective business or the Collateral are kept at that location. All Except as changed in accordance with Section 7.15, all Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Each Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Pemco Aviation Group Inc)

Corporate Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Tax Identification Number. Each The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Maryland Colorado and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary. The Borrower has all requisite power and authority, corporate or otherwise, to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents. During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1 hereto. The Borrower's chief executive office and principal place of business is located at the address set forth in Schedule 5.1 hereto, and all of the Borrower's records relating to its business or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in Schedule 5.1 hereto. The Borrower's tax identification numbers are number is correctly set forth in Section 3.6 hereto.

Appears in 1 contract

Samples: Credit and Security Agreement (Marquest Medical Products Inc)

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