Common use of Corporate Standing Clause in Contracts

Corporate Standing. Entercom is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania, and at the Closing Date will have the corporate power and authority to conduct its business as proposed to be conducted and upon the acquisition of the Assets will be duly qualified to do business in the State of California.

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/), Asset Purchase Agreement (American Radio Systems Corp /Ma/)

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Corporate Standing. Entercom is a corporation corporation, duly organized, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania. Entercom or one or more Affiliates to which Entercom's rights hereunder are assigned pursuant to Section 11.13 is, and at the Closing Date will have the corporate power and authority to conduct its business as proposed to be conducted and upon the acquisition of the Assets or will be duly at Closing, qualified to do business in the State Commonwealth of CaliforniaMassachusetts. Entercom has full power and authority to engage in the business in which it is presently engaged and to make and perform this Agreement according to its terms.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Entercom Communications Corp), Asset Purchase Agreement (Entercom Communications Corp)

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Corporate Standing. Entercom is a corporation corporation, duly organized, validly existing and in good standing under the laws of the Commonwealth State of Pennsylvania, Pennsylvania and at the Closing Date will have the corporate power and authority to conduct its business as proposed to be conducted and upon the acquisition of the Assets will be duly is qualified to do business in the State of CaliforniaFlorida. Entercom has full power and authority to engage in the business in which it is presently engaged and to make and perform this Agreement according to its terms.

Appears in 1 contract

Samples: Asset Purchase Agreement (Entercom Communications Corp)

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