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

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