Common use of Good Standing of Gxxxxxxx Capital Advisers Clause in Contracts

Good Standing of Gxxxxxxx Capital Advisers. Gxxxxxxx Capital Advisers has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware and has power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under the Company Agreements to which it is a party; and Gxxxxxxx Capital Advisers is duly qualified as a foreign limited liability company to transact business and is in good standing in each other 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 so to qualify or to be in good standing would not, singly or in the aggregate, result in a Material Adverse Effect or a Gxxxxxxx Capital Advisers Material Adverse Effect.

Appears in 3 contracts

Samples: Underwriting Agreement (Garrison Capital Inc.), Underwriting Agreement (Garrison Capital Inc.), Underwriting Agreement (Garrison Capital LLC)

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Good Standing of Gxxxxxxx Capital Advisers. Gxxxxxxx Capital Advisers has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware and has power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the General Disclosure Package and the Prospectus and to enter into and perform its obligations under the Company Agreements to which it is a partythis Agreement; and Gxxxxxxx Capital Advisers is duly qualified as a foreign limited liability company to transact business and is in good standing in each other 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 so to qualify or to be in good standing would not, singly or in the aggregate, result in a Material Adverse Effect or a Gxxxxxxx Capital Advisers Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Garrison Capital Inc.)

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