Corporate Existence and Qualifications. Each Company is either a corporation or association duly organized, validly existing and in good standing under the laws of the United States or of the State of California, as applicable, with full corporate power to own its properties and to carry on its business as now owned and operated by Company.
Appears in 4 contracts
Samples: Secured Deposit Account Agreement (WFS Financial Inc), Future Interest Payment Hedge Guarantee and Reimbursement Agreement (WFS Financial Inc), Interest Rate Swap Guarantee Agreement (Westcorp /Ca/)
Corporate Existence and Qualifications. Each Company is either a corporation or association duly organized, validly existing and in good standing under the laws of the United States or of the State States of CaliforniaCalifornia or Arizona, as applicable, with full corporate power to own its properties and to carry on its business as now owned and operated by Company.
Appears in 4 contracts
Samples: Allocation Agreement (WFS Financial Inc), Allocation Agreement (Westcorp /Ca/), Management Services Agreement (WFS Financial Inc)
Corporate Existence and Qualifications. Each Company is either a corporation or association duly organized, validly existing and in good standing under the laws of the United States jurisdiction in which incorporated or of the State of California, as applicablechartered, with full corporate power to own its properties and to carry on its business as now owned and operated by Companyeach.
Appears in 3 contracts
Samples: Referral Agreement (Westcorp /Ca/), Collateral Protection Insurance Agreement (WFS Financial Inc), Customer List Agreement (Westcorp /Ca/)
Corporate Existence and Qualifications. Each Company is either a corporation or association duly organized, validly existing and in good standing under the laws of the United States or of the State States of California, Nevada or Arizona, as applicable, with full corporate power to own its properties and to carry on its business as now owned and operated by Company.
Appears in 3 contracts
Samples: Allocation Agreement (Westcorp /Ca/), Master Allocation Agreement (Westcorp /Ca/), Master Allocation Agreement (WFS Financial Inc)
Corporate Existence and Qualifications. Each Company is either a corporation or association duly organized, validly existing and in good standing under the laws of the United States or of the State of California, as applicableits respective jurisdiction, with full corporate power to own its properties and to carry on its business as now owned and operated by Companyoperated.
Appears in 1 contract