Common use of Corporate Existence; Subsidiaries; Foreign Qualification Clause in Contracts

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect. (b) Schedule 6.1 hereto sets forth (i) each Company, (ii) each Company’s state or jurisdiction of organization, (iii) each state or other jurisdiction in which each Company is qualified to do business as a foreign entity, and (iv) the capitalization of each Company.

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect. (b) Schedule SCHEDULE 6.1 hereto sets forth (i) each Company, (ii) each Company’s 's state or jurisdiction of organization, (iii) each state or other jurisdiction in which each Company is qualified to do business as a foreign entity, and (iv) the capitalization of each Company.

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, existing and in good standing under the laws of its state or jurisdiction of incorporation or organization organization, and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will could not reasonably be expected to cause or result in a Material Adverse Effect. (b) As of the Closing Date, Schedule 6.1 hereto sets forth (i) each Company, (ii) each Company’s 's state or jurisdiction of organization, and (iii) each state Person that owns the stock or other jurisdiction in which equity interest of each Company is qualified to do business as a foreign entity, and (iv) the capitalization of each Companyother than US Borrower).

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect. (b) Schedule 6.1 hereto sets forth (i) each Company, (ii) each Company’s 's state or jurisdiction of organization, (iii) each state or other jurisdiction in which each Company is qualified to do business as a foreign entity, and (iv) except with respect to Cedar Fair LP, each Person that owns the capitalization stock or other equity interest of each Company.

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, existing and in good standing under the laws of its state or jurisdiction of incorporation or organization organization, and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will could not reasonably be expected to cause or result in a Material Adverse Effect. (b) As of the Closing Date, Schedule 6.1 hereto sets forth (i) each Company, (ii) each Company’s state or jurisdiction of organization, and (iii) each state Person that owns the stock or other jurisdiction in which equity interest of each Company is qualified to do business as a foreign entity, and (iv) the capitalization of each Companyother than US Borrower).

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect. (b) Schedule 6.1 hereto sets forth (i) each Company, (ii) each Company’s 's state or jurisdiction of organization, (iii) each state or other jurisdiction in which each Company is qualified to do business as a foreign entity, and (iv) the capitalization of each CompanyCompany at May 31, 2001 or August 31, 2001, whichever date shall apply to the information currently available.