Common use of Observation of Corporate Formalities Clause in Contracts

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

Appears in 4 contracts

Samples: Collateral Assignment Agreement (WFS Financial Inc), Collateral Assignment Agreement (WFS Financial Inc), Collateral Assignment Agreement (WFS Financial Inc)

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Observation of Corporate Formalities. Each party Party shall at all times observe the applicable legal requirements for the recognition of the other(s) other as a corporate entity(ies) entity separate and apart from each the other, including without limitation the following:

Appears in 3 contracts

Samples: Referral Agreement (Westcorp /Ca/), Collateral Protection Insurance Agreement (WFS Financial Inc), Customer List Agreement (Westcorp /Ca/)

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