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: Interest Rate Swap Guarantee Agreement (Westcorp /Ca/), 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 (Westcorp /Ca/), Allocation Agreement (WFS Financial Inc), 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 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: Master Allocation Agreement (WFS Financial Inc), Master Allocation Agreement (Westcorp /Ca/), Allocation Agreement (Westcorp /Ca/)