Corporate Status and Power. The Purchaser (a) is a corporation duly organized, validly existing and in good standing or the equivalent under the laws of the jurisdiction of its organization, (b) has all powers required to conduct its business, (c) has full corporate power, authority and legal right to execute, deliver and perform this Agreement and each other Conditional Sale Document to which it is party and to carry out the transactions contemplated hereby.
Corporate Status and Power. Each of the Credit Parties is a corporation duly incorporated, organized and validly existing under the laws of its jurisdiction of incorporation, and has full corporate power and authority to own its property, to carry on the business carried on by it, to enter into and perform its obligations under the Credit Documents to which it is or will be a party, and in the case of the Borrower, to obtain Loans hereunder.
Corporate Status and Power. Each Acquired Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Louisiana. The charter documents and the bylaws of each Acquired Company that have been delivered to Buyer as of the date hereof are effective under Louisiana law and are current, correct and complete. To the Best Knowledge of each Acquired Company and the Founders, each Acquired Company has all required corporate power and authority to (i) conduct its business as it is now being conducted, (ii) own or use the properties and assets that it purports to own or use, (iii) execute and deliver this Agreement and (iv) carry out the transactions contemplated by this Agreement.
Corporate Status and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Texas. The charter documents and the bylaws of Buyer that have been delivered to Sellers as of the date hereof are effective under Texas law and are current, correct and complete. To the Best Knowledge of Buyer, Buyer has all required corporate power and authority to (i) conduct its business as it is now being conducted, (ii) own or use the properties and assets that its purports to own or use, (iii) execute and deliver this Agreement and (iv) carry out the transactions contemplated by this Agreement.
Corporate Status and Power. Each of the Touch 1 Corporations (1) is a -------------------------- corporation duly organized, validly existing, and in good standing under the Laws of the State of Alabama (except that direcTEL-NB is a corporation duly organized, validly existing, and in good standing under the Laws of New Brunswick), (2) has the requisite corporate power and authority to own, lease, and operate its properties and to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform its obligations under this Agreement, and (3) is qualified or licensed to do business as a foreign corporation in each other jurisdiction in which it is required to be so qualified or licensed, except to the extent that the failure to be so qualified or licensed would not have a Material Adverse Effect on any of the Touch 1 Corporations.
Corporate Status and Power. Z-Tel is a corporation duly organized, -------------------------- validly existing, and in good standing under the Laws of the State of Delaware; MergerSub is a corporation duly organized, validly existing, and in good standing under the Laws of the State of Alabama. Each of Z-Tel and MergerSub (1) has the requisite corporate power and authority to own, lease, and operate its properties and to carry on its business as it is now being conducted, to execute and deliver this Agreement and to perform its obligations under this Agreement, and (2) is qualified or licensed to do business as a foreign corporation in each other jurisdiction in which it is required to be so qualified or licensed, except to the extent that the failure to be so qualified or licensed would not have a Material Adverse Effect on either of them.
Corporate Status and Power. The Borrower is a company duly organized, validly existing and in good standing under the laws of the PRC. The Borrower has full corporate power, authority and legal rights to execute, deliver and perform this Agreement.
Corporate Status and Power. LFI is a corporation duly incorporated and organized and validly subsisting under the BRITISH COLUMBIA COMPANY ACT; LLP is a limited partnership duly constituted and organized and validly subsisting under the laws of the Province of British Columbia; LFLP is a limited partnership duly constituted, organized and validly subsisting under the laws of the Province of Alberta; each Guarantor has adequate and sufficient power and authority to execute, deliver and perform its obligations under the Credit Facility Documents to which it is a party and to undertake any transaction contemplated thereby.
Corporate Status and Power. The Developer is a limited liability company duly organized and existing under the laws of the State of Delaware, and qualified to do business in North Carolina. The Developer has all requisite power to carry on its business as it is now being conducted and as it is proposed to be conducted.
Corporate Status and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois and has full corporate power to enter into and perform this Agreement.
