Common use of Corporate Standing Clause in Contracts

Corporate Standing. It is a duly organized, validly existing and in good standing under the laws of its jurisdiction of Ohio, qualified to do business in jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Appears in 6 contracts

Samples: Procurement and Construction Agreement, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement (USA Synthetic Fuel Corp)

AutoNDA by SimpleDocs

Corporate Standing. It is a duly organized, validly existing and in good standing under the laws of its jurisdiction of Ohio, qualified to do business in jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Appears in 2 contracts

Samples: General Services Agreement (Global Energy, Inc.), General Services Agreement (Global Energy, Inc.)

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