Common use of Observation of Corporate Formalities Clause in Contracts

Observation of Corporate Formalities. Each Company shall at all times observe the applicable legal requirements for the recognition of Company as a corporate entity separate and apart from any other Company, including without limitation the following:

Appears in 11 contracts

Samples: Allocation Agreement (WFS Financial Inc), Interest Rate Swap Guarantee Agreement (Westcorp /Ca/), Interest Rate Swap Guarantee Agreement (Westcorp /Ca/)

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Observation of Corporate Formalities. Each Company Entity shall at all times observe the applicable legal requirements for the recognition of Company Entity as a corporate entity separate and apart from any other CompanyEntity, including without limitation the following:

Appears in 3 contracts

Samples: Intellectual Property Licensing Agreement (WFS Financial Inc), Intellectual Property Licensing Agreement (Westcorp /Ca/), Logo License Agreement (Westcorp /Ca/)

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Observation of Corporate Formalities. Each Company shall at all times observe the applicable legal requirements for the recognition of Company as a corporate entity separate and apart from any other Companyeach other, including without limitation the following:

Appears in 1 contract

Samples: Annuity Licensing Fee Agreement (Westcorp /Ca/)

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