Existence of Subsidiaries Sample Clauses

Existence of Subsidiaries the Company does not have, and has never had, any subsidiary;
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Existence of Subsidiaries. Each of the Companies does not have, and has never had, any subsidiary and has never had and does not now have any subsidiary undertakings (as defined by the Companies Acts).
Existence of Subsidiaries. Seller does not, directly or indirectly, own any stock of, equity interest in, or other investment in any other corporation, joint venture, partnership, trust or other Person related to the Business or the Transferred Assets.
Existence of Subsidiaries. Each "significant subsidiary" of the Company (as such term is defined in Rule 1-02 of Regulation S-X), (each, a "Significant Subsidiary" and, collectively, the "Significant Subsidiaries") has been duly incorporated and is existing under applicable law, has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectuses and is duly qualified as a foreign corporation to transact business in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to have such power and authority or to so qualify could not reasonably be expected to result in a Material Adverse Company Effect; except as otherwise disclosed in the Registration Statements, all of the issued and outstanding capital stock of each such Significant Subsidiary has been duly authorized and validly issued, is fully paid and is owned by the Company, directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity; none of the outstanding shares of capital stock of any Significant Subsidiary was issued in violation of the preemptive or similar rights of any securityholder of such Significant Subsidiary. For purposes of this Agreement, a "Significant Subsidiary" shall mean the Distribution Trust, the USLLC, any NAB Borrower and the NAB Affiliate.
Existence of Subsidiaries. The Company does not have, and has never had, any Subsidiary save for the Business, the Company has not carried on any other business.
Existence of Subsidiaries. Each of the Subsidiaries is a ------------------------- corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation set forth on Schedule 1.1(j) (in the --------------- case of the Transferred Subsidiaries) or Schedule 14.1 (in the case of the ------------- Assigning Subsidiaries), and each of the Subsidiaries has full corporate power and authority to conduct its business as it is now conducted. Each of the Transferred Subsidiaries is duly qualified to conduct business as a foreign corporation in each jurisdiction in which its ownership or lease of property or assets or the conduct of its business activities requires such qualification under applicable law, except where the failure to be so qualified would not have a Material Adverse Effect.
Existence of Subsidiaries. ADI does not have any subsidiary other than the European Subsidiaries.
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Existence of Subsidiaries. Each Subsidiary is an entity of the type stipulated in the definition for Bank in this Agreement in the case of Bank or as stipulated on the Capital Structure Schedule in the case of any other Subsidiary, duly organized or formed, validly existing and in good standing under the Law of its Organization State, has the full power and authority to own its properties and assets, and to carry on the businesses in which it is engaged, and is duly qualified or licensed to do business and in good standing in all jurisdictions where such qualification or licensure is necessary (except, in the case of a Subsidiary other than Bank, where the failure of such Subsidiary to be so qualified or licensed would not have a material adverse effect on Borrower or Bank). The Bank is a member in good standing of the FDIC, and the deposits of the Bank are insured by the FDIC. The number of authorized and issued shares of each class of the capital stock or other equity interests of Bank, and the identity of each Person owning any such shares or other equity interests and the number of shares or other equity interests of Bank owned by each such Person, are set forth on the Capital Structure Schedule. Borrower has no Subsidiaries except as set forth in the Capital Structure Schedule.
Existence of Subsidiaries. Each Subsidiary is an entity of the type stipulated in the definition for Bank in this Agreement in the case of Bank or as stipulated on the Capital Structure Schedule in the case of any other Subsidiary, duly organized or formed, validly existing under the Law of its Organization State, has the full power and authority to own its properties and assets, and to carry on the businesses in which it is engaged, and is duly qualified to do business in all jurisdictions where such qualification is necessary (except, in the case of a Subsidiary other than Bank, where the failure of such Subsidiary to be so qualified would not have a material adverse effect on Borrower or Bank). Bank is a member in good standing of the FDIC, and the deposits of Bank are insured by the FDIC. The number of authorized and issued shares of each class of the capital stock or other equity interests of Bank, and the identity of each Person owning any such shares or other equity interests and the number of shares or other equity interests of Bank owned by each such Person, are set forth on the Capital Structure Schedule. Borrower has no Subsidiaries except as set forth in the Capital Structure Schedule.
Existence of Subsidiaries each Subsidiary which is a corporation is a corporation duly incorporated, validly subsisting and in good standing with respect to the filing of annual returns under the laws of its jurisdiction of incorporation, each Subsidiary which is a partnership is a partnership duly organized and subsisting under the laws of its jurisdiction of creation, and each Subsidiary which is a trust is a trust validly created and subsisting under the laws of its jurisdiction of creation, and each is duly registered and qualified as an extra-provincial corporation, partnership or trust, as applicable, under the laws of each jurisdiction in which the nature of any business transacted by it or the character of any properties and assets owned or leased by it requires such registration and qualification, except to the extent failure to register or qualify would not reasonably be expected to have a Material Adverse Effect;
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