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Common use of Existence; Good Standing Clause in Contracts

Existence; Good Standing. CPPIB is duly organized, validly existing and in good standing (or similar concept if applicable) under the laws of the jurisdiction of its organization or formation and has all requisite power and authority to own and operate its properties and to conduct its business as conducted as of the date hereof.

Appears in 6 contracts

Samples: Purchase Agreement (Enstar Group LTD), Purchase Agreement (Enstar Group LTD), Purchase Agreement (Canada Pension Plan Investment Board)

Existence; Good Standing. CPPIB LP is duly organized, validly existing and in good standing (or similar concept if applicable) under the laws of the jurisdiction of its organization or formation and has all requisite power and authority to own and operate its properties and to conduct its business as conducted as of the date hereof.

Appears in 2 contracts

Samples: Purchase Agreement (Enstar Group LTD), Purchase Agreement (Canada Pension Plan Investment Board)