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 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 conducted 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: Credit Agreement (Aon Corp), Assignment Agreement (Aon Corp), Credit Agreement (Aon Corp)
Corporate Existence and Standing. Each of the The Borrower and its Subsidiaries each Material Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its respective jurisdiction of incorporation and 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 conducted or proposed to be conducted except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries each Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its respective jurisdiction of incorporation and 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 conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries each Significant Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing (if applicable) under the laws of its respective jurisdiction of incorporation and is duly qualified and in good standing (if applicable) as a foreign corporation and is duly authorized to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where and in which the failure to be so qualified or authorized could not may reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Cna Surety Corp), Credit Agreement (Cna Surety Corp)
Corporate Existence and Standing. Each of the Borrower and its the Subsidiaries is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where the failure to be so qualified or authorized could have that authority would not reasonably be expected to 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 and properly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed to be conducted except where the failure to be so qualified or authorized have such authority could not reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Assignment Agreement (Hutchinson Technology Inc), Security Agreement (Pronet Inc /De/)
Corporate Existence and Standing. Each of the The Borrower and its Subsidiaries each Subsidiary is a corporation duly and properly incorporated, validly existing and in good standing under the laws of its respective jurisdiction of incorporation and 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 conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (White Mountains Insurance Group LTD)
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 is duly qualified and in good standing as a foreign corporation and is duly authorized has all requisite authority to conduct its business in each jurisdiction in which its business is conducted or proposed conducted, except to be conducted except where the extent that failure to be so qualified in good standing or authorized 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 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 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 conducted or proposed to be conducted conducted, except where the failure to be so qualified or authorized could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Pledge and Security Agreement (Rawlings Sporting Goods Co Inc)