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 where the failure to obtain such authority would not have a Material Adverse Effect.
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Samples: Term Loan Agreement (Banknorth Group Inc /New/ /De/), Term Loan Agreement (Banknorth Group Inc /New/ /De/)
Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation or a national or state banking association duly incorporatedincorporated or organized, as applicable, 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 such failure to obtain such all requisite authority would not not, with respect to any individual failure or any failures in the aggregate, have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Firstar Corp /Wi/), Credit Agreement (Firstar Corp /Wi/)
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 where its ownership of property or conduct of business is conducted, except requires such authority and where the failure to obtain have such authority would not could have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Sos Staffing Services Inc), Valuation and Qualifying Accounts (Syncor International Corp /De/)
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 own its property and to carry on its business in each jurisdiction in which its business is conducted, except where the failure to obtain such authority so qualify would not have a Material Adverse Effectmaterial adverse effect on its business, properties, assets, operations or condition (financial or otherwise).
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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 where the failure to obtain have such authority would could not reasonably be expected to have a Material Adverse Effect.
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Corporate Existence and Standing. Each of the Such 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 conducted, except conducted where the failure to obtain such authority so qualify would not have a Material Adverse Effectmaterial adverse effect on such Borrower or such subsidiary.
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Samples: Competitive Advance and Revolving Credit Facility Agreement (Stilwell Financial Inc)
Corporate Existence and Standing. Each of the The Borrower and each of its Subsidiaries is a corporation corporation, partnership, limited liability company or other organization duly incorporatedincorporated or organized, validly existing and in good standing (to the extent such concept is applicable to such entity) 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, except conducted and where the failure to obtain such authority be in good standing or authorized to conduct business would not have a Material Adverse Effect.
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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, conducted except where the failure to obtain have such authority would not have a Material Adverse Effect.
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Corporate Existence and Standing. Each of the Borrower and its Subsidiaries is a corporation or limited liability company duly incorporatedincorporated or organized, validly existing and 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, except where the failure provided that a Subsidiary shall not be required to obtain comply with this Section 5.1 so long as such authority would not have noncompliance will not, at any time, result in a Material Adverse Effect.
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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 (to the extent such concept is applicable to such entity) 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, except conducted and where the failure to obtain such authority be in good standing or authorized to conduct business would not have a Material Adverse Effect.
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Samples: Credit Agreement (Arvinmeritor Inc)
Corporate Existence and Standing. Each of the The Borrower and each of its Subsidiaries is a corporation duly incorporated, validly existing and and, where such concept applies, 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 so to obtain such authority qualify would not have a Material Adverse Effectmaterial adverse effect on the business, properties, assets, operations or condition (financial or otherwise) of the Borrower.
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Corporate Existence and Standing. Each of the Borrower and its Subsidiaries Borrowers is a corporation duly incorporatedincorporated or organized, validly existing existing, and in good standing (to the extent applicable) under the laws of its respective jurisdiction of incorporation or organization. Each of the Borrowers and has all requisite authority each of the Subsidiaries is duly qualified and in good standing (to the extent applicable) as a foreign corporation or other business entity and is duly authorized to conduct its business in each jurisdiction in which its business is conducted, conducted or proposed to be conducted except where the failure to obtain such authority would qualify may not reasonably be expected to have a Material Adverse Effect.
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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 where the such failure to obtain such all requisite authority would not not, with respect to any individual failure or any failures in the aggregate, have a Material Adverse Effect.
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Samples: Credit Agreement (Jostens Inc)