Organization and Existence; Authority Sample Clauses

Organization and Existence; Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California, and has all requisite corporate power to carry on its business as now conducted. The Company has the corporate power and authority to enter into this Agreement and perform its obligations hereunder. The execution, delivery, and performance by the Company of this Agreement and the transactions contemplated hereby have been duly authorized and approved by the Board of Directors of the Company in accordance with the Articles of Incorporation and Bylaws of the Company and California law and no further corporate action is necessary on the part of the Company with respect thereto. This Agreement is a valid and binding obligation of the Company, enforceable against it in accordance with its terms. No further action is required to be taken by the Company, nor is it necessary for the Company to obtain any action, approval or consent by or from any third person, governmental or other, to enable it to enter into or perform its obligations under this Agreement.
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Organization and Existence; Authority. Seller is a Limited Partnership, duly organized, existing and in good standing under the laws of the State of New Mexico, and is authorized to do business in Colorado. The persons signing below on behalf of Seller represent that they are duly authorized to execute this Agreement and to bind Seller. Seller has the full right, capacity, and authority to enter into this Agreement and no third party approval or consent is required to enter into this Agreement or to consummate the transaction contemplated hereby. This Agreement and all documents required hereby to be executed by Seller are and shall be valid, legally binding obligations of and enforceable against Seller in accordance with their terms. All requisite corporate or other entity action has been taken by Seller in connection with entering into this Agreement, the instruments referenced herein, and the consummation of the transaction contemplated hereby.
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Organization and Existence; Authority. Borrower is a limited liability company, duly organized and validly existing and in good standing under the laws of the state of Delaware and is qualified to do business and in good standing in the state in which the Mortgaged Property is located. Each of Borrower and Guarantor has full power and authority to enter into and carry out the terms of this Agreement and, as applicable, to effect the Transactions in accordance with the terms of this Agreement.
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Organization and Existence; Authority. Nationwide is a ------------------------------------- mutual insurance company duly organized, validly existing and in good standing under the laws of Ohio. NWC is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Nationwide and NWC each have all corporate power and authority necessary to enter into this Agreement. The execution, delivery and performance by Nationwide and NWC of this Agreement have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by each of Nationwide and NWC and constitutes a valid and binding obligation of each of Nationwide and NWC, enforceable against each of Nationwide and NWC in accordance with its terms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by the principles governing the availability of equitable remedies).
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Organization and Existence; Authority. NFS is a ------------------------------------- corporation duly organized, validly existing and in good standing under the laws of Delaware. NFS has all corporate power and authority necessary to enter into this Agreement. The execution, delivery and performance by NFS of this Agreement have been duly and validly authorized by all necessary corporate action. This Agreement has been duly executed and delivered by NFS and constitutes a valid and binding obligation of NFS, enforceable against NFS in accordance with its terms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by the principles governing the availability of equitable remedies).
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Organization and Existence; Authority. Parent is a corporation duly organized, validly existing and in good standing under the laws of New York. Parent has all corporate power and authority necessary to enter into this Agreement. The execution, delivery and performance by Parent of this Agreement has been duly and validly authorized by all necessary corporation action. This Agreement has been duly executed and delivered by Parent and constitutes a valid and legally binding obligation of Parent, enforceable against Parent in accordance with its terms (except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and by the principles governing the availability of equitable remedies).
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Related to Organization and Existence; Authority

  • Organization and Existence Such Investor is a validly existing corporation, limited partnership or limited liability company and has all requisite corporate, partnership or limited liability company power and authority to invest in the Securities pursuant to this Agreement.

  • Due Organization and Existence The District is a school district, duly organized and existing under the Constitution and laws of the State of California.

  • Organization and Power The Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

  • Organization and Powers Each Loan Party is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation as specified in Schedule 5.1 annexed hereto. Each Loan Party has all requisite corporate power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and Related Agreements to which it is a party and to carry out the transactions contemplated thereby.

  • Organization and Requisite Authority The Purchaser possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

  • Corporate Organization and Power Each of the Borrower and its Subsidiaries (i) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, (ii) has the full corporate power and authority to execute, deliver and perform the Credit Documents to which it is or will be a party, to own and hold its property and to engage in its business as presently conducted, and (iii) is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the nature of its business or the ownership of its properties requires it to be so qualified, except where the failure to be so qualified would not, individually or in the aggregate, be reasonably likely to have a Material Adverse Effect.

  • Organization, Existence and Good Standing The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware.

  • Organization and Standing The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

  • Due Organization and Authority The Servicer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all licenses necessary to carry on its business as now being conducted and is licensed, qualified and in good standing in each state where a Mortgaged Property is located if the laws of such state require licensing or qualification in order to conduct business of the type conducted by the Servicer, and in any event the Servicer is in compliance with the laws of any such state to the extent necessary to ensure the enforceability of the terms of this Agreement; the Servicer has the full power and authority to execute and deliver this Agreement and to perform in accordance herewith; the execution, delivery and performance of this Agreement (including all instruments of transfer to be delivered pursuant to this Agreement) by the Servicer and the consummation of the transactions contemplated hereby have been duly and validly authorized; this Agreement evidences the valid, binding and enforceable obligation of the Servicer and all requisite action has been taken by the Servicer to make this Agreement valid and binding upon the Servicer in accordance with its terms;

  • Corporate Organization and Authority Company (a) is a corporation duly organized, validly existing, and in good standing in its jurisdiction of incorporation, (b) has the corporate power and authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted; and (c) is qualified as a foreign corporation in all jurisdictions where such qualification is required.

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