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: Reimbursement Agreement (International Fast Food Corp), Purchase Agreement (International Fast Food Corp), Restaurant Development Agreement (International Fast Food Corp)