Organisation and good standing. Each party represents to the other party that it is duly formed, organised and validly existing and in good standing under the laws of its jurisdiction of incorporation.
Appears in 8 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
Organisation and good standing. Each party Party represents to the other party Party that it is duly formed, organised and validly existing and in good standing under the laws of its jurisdiction of incorporation.
Appears in 3 contracts
Samples: Noncompetition Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.)
