Common use of Due Organization; Good Standing Clause in Contracts

Due Organization; Good Standing. The Existing Holder is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

Appears in 4 contracts

Samples: Letter Agreement (Centerline Holding Co), Letter Agreement (Centerline Holding Co), Letter Agreement (Centerline Holding Co)

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Due Organization; Good Standing. The Each Existing Holder is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

Appears in 3 contracts

Samples: Settlement Agreement (Centerline Holding Co), Letter Agreement (Centerline Holding Co), Letter Agreement (Centerline Holding Co)

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Due Organization; Good Standing. The Existing Holder is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

Appears in 1 contract

Samples: Option Agreement (Centerline Holding Co)

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