Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 11 contracts
Samples: Credit Agreement (Lone Star Industries Inc), Long Term Credit Agreement (TBC Corp), Revolving Credit Agreement (Yellow Corp)
Corporate Existence and Standing. Each of the Borrower Borrowers and its Significant Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 6 contracts
Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Insurance Co)
Corporate Existence and Standing. Each of the Borrower and its -------------------------------- Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 5 contracts
Samples: Credit Agreement (Gardner Denver Inc), Credit Agreement (Money Store Inc /Nj), Interim Credit Agreement (Gardner Denver Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority is duly qualified and in good standing as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conductedconducted or proposed to be conducted except where failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: 364 Day Credit Agreement (Aon Corp), Credit Agreement (Aon Corp), 364 Day Credit Agreement (Aon Corp)
Corporate Existence and Standing. Each of the Borrower and its Significant Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 4 contracts
Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)
Corporate Existence and Standing. Each of the Borrower and its the Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conductedconducted where the failure to so qualify would have a material adverse effect on the Borrower or such Subsidiary.
Appears in 3 contracts
Samples: Five Year Competitive Advance and Revolving Credit Facility Agreement (DST Systems Inc), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Kansas City Southern Industries Inc), Credit Facility Agreement (Kansas City Southern Industries Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation corporation, partnership, limited liability company or other organization duly incorporatedincorporated or organized, validly existing and in good standing (in jurisdictions where applicable) under the laws of its jurisdiction of incorporation or organization and has all requisite authority to conduct its business in each jurisdiction in which its business is conductedconducted and where the failure to be in good standing or authorized to conduct business would have a Material Adverse Effect.
Appears in 3 contracts
Samples: 364 Day Credit Agreement (Arvinmeritor Inc), 364 Day Credit Agreement (Arvinmeritor Inc), Revolving Credit Agreement (Arvinmeritor Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation corporation, partnership (in the case of Subsidiaries only) or limited liability company duly incorporatedand properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 3 contracts
Samples: Credit Agreement (Origen Financial Inc), Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Rockshox Inc)
Corporate Existence and Standing. Each of the The Borrower and each of its Subsidiaries subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conductedconducted where the failure to so qualify would have a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Facility Agreement (Janus Capital Group Inc), Five Year Competitive Advance and Revolving Credit Facility Agreement (Janus Capital Group Inc), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Janus Capital Group Inc)
Corporate Existence and Standing. Each of the Borrower and its the Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conductedconducted except where the failure to have that authority would not have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Perceptron Inc/Mi), Credit Agreement (Perceptron Inc/Mi)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, to the extent failure to maintain such authority would have a material adverse effect on the business of the Borrower and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Credit Agreement (Mego Mortgage Corp), Credit Agreement (Mego Mortgage Corp)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conductedthe failure to have such authority could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Pronet Inc /De/), Credit Agreement (Hutchinson Technology Inc)
Corporate Existence and Standing. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 2 contracts
Samples: Credit Agreement (Tri State Outdoor Media Group Inc), Credit Agreement (Tri State Outdoor Media Group Inc)
Corporate Existence and Standing. Each of the Borrower and its Material Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except where the failure to have such authority would not reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Senior Revolving Credit Agreement (Enesco Group Inc), Senior Revolving Credit Agreement (Enesco Group Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, incorporated and validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 1 contract
Corporate Existence and Standing. Each of the Borrower and its Restricted Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 1 contract
Samples: Credit Agreement (Jason Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws Laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 1 contract
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent that failure to be in good standing or to have any requisite authority could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation or trust duly incorporatedincorporated or organized as the case may be, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 1 contract
Corporate Existence and Standing. Each of the Borrower and its the Subsidiaries (including without limitation, each Subsidiary Bank) is a corporation corporation, partnership, limited liability company, or a national or state banking association duly incorporatedand properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of incorporation or organization and has all requisite authority to conduct its business in each jurisdiction in which its business is conducted.
Appears in 1 contract