Common use of Corporate Organization and Power Clause in Contracts

Corporate Organization and Power. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth, and (ii) has all requisite power and authority and all necessary licenses and permits to own and operate its properties and to carry on its business as now being conducted and as presently proposed to be conducted.

Appears in 10 contracts

Samples: Loan Agreement (York Water Co), Loan Agreement (York Water Co), Loan Agreement (York Water Co)

AutoNDA by SimpleDocs

Corporate Organization and Power. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of the CommonwealthState of California and is qualified to do business and is in good standing under the laws of the State, and (ii) has all requisite power and authority and all necessary licenses and permits to own and operate its properties and to carry on its business as now being conducted and as presently proposed to be conducted.

Appears in 3 contracts

Samples: Loan Agreement (Sterigenics International), Loan Agreement (Sterigenics International), Loan Agreement (Sterigenics International)

Corporate Organization and Power. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of the CommonwealthState of Michigan and is qualified to do business and is in good standing under the laws of the State, and (ii) has all requisite power and authority and all necessary licenses and permits to own and operate its properties and to carry on its business as now being conducted and as presently proposed to be conducted.

Appears in 1 contract

Samples: Lease Agreement (Whitehall Corp)

Corporate Organization and Power. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth, and (ii) has all requisite power and authority and all necessary licenses and permits to own and operate its properties and to carry on its business as now being conducted and as presently proposed to be conducted.and

Appears in 1 contract

Samples: Loan Agreement (York Water Co)

AutoNDA by SimpleDocs

Corporate Organization and Power. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of the CommonwealthState of Alabama, and (ii) has all requisite power and authority and all necessary licenses and permits to own and operate its properties and to carry on its business as now being conducted and as presently proposed to be conducted.

Appears in 1 contract

Samples: Installment Sale Agreement (Alabama Power Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!