Corporate Existence and Qualification. Each of IFFC and IFFP is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization. Each of IFFC and IFFP has all required power and authority to own its properties and to carry on its business as presently conducted.
Appears in 7 contracts
Samples: Guarantee of Future Advances Agreement (International Fast Food Corp), Deferred Payment Agreement (International Fast Food Corp), Reimbursement Agreement (International Fast Food Corp)