Common use of Existence and Standing Clause in Contracts

Existence and Standing. Provider is a corporation duly organized and validly existing under the laws of its jurisdiction of organization. Provider has and holds all power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, except to the extent that the failure to so qualify or hold could not reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

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Existence and Standing. Provider is a corporation duly organized and organized, validly existing and in good standing under the laws of its jurisdiction of organization. Provider incorporation, and has and holds all corporate power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, conducted except to the extent that where the failure to so qualify have any such governmental licenses, authorizations, consents or hold approvals could not reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Patterson Companies, Inc.), Receivables Purchase Agreement (Patterson Companies, Inc.), Receivables Purchase Agreement (Patterson Companies, Inc.)

Existence and Standing. Provider is a corporation duly organized and organized, validly existing and in good standing under the laws of its jurisdiction of organization. Provider incorporation, and has and holds all corporate power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, except to the extent that the failure to so qualify or hold could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Performance Undertaking (Nordstrom Inc), Receivables Purchase Agreement (Hypercom Corp), Performance Undertaking (Nordstrom Inc)

Existence and Standing. Provider is a corporation duly organized and validly existing under the laws of its jurisdiction of organization. Provider has and holds all power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, except to the extent that the failure to so qualify or hold could not reasonably be expected to have a Material Adverse Effect.. FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

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Existence and Standing. Provider is a corporation duly organized and organized, validly existing and in good standing under the laws of its jurisdiction of organizationincorporation. Provider has and holds all corporate power and all governmental licenses, authorizations, consents and approvals required to carry on its business in each jurisdiction in which its business is conducted, except to the extent that where the failure to so qualify or hold could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Energizer Holdings Inc), Receivables Purchase Agreement (Energizer Holdings Inc)

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