Common use of Organization and Good Standing of Times Mirror Clause in Contracts

Organization and Good Standing of Times Mirror. Times Mirror is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Times Mirror has all requisite corporate power and authority and possesses all governmental franchises, licenses, permits, authorizations and approvals necessary to enable it to carry on its business as presently conducted, other than such franchises, licenses, permits, authorizations and approvals the lack of which would not materially impair Times Mirror from performing its obligations under this Agreement.

Organization and Good Standing of Times Mirror. Times Mirror is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Times Mirror has all requisite corporate power and authority and and, to the knowledge of Times Mirror, possesses all governmental franchises, licenses, permits, authorizations and approvals necessary to enable it to carry on its business as presently conducted, conducted other than such franchises, licenses, permits, authorizations and approvals the lack of which would not materially impair prevent Times Mirror from performing its obligations under this Agreementthe Transaction Documents.

Organization and Good Standing of Times Mirror. Times Mirror is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Times Mirror has all requisite corporate power and authority and possesses all governmental franchises, licenses, permits, authorizations and approvals necessary to enable it to carry on its business as presently conducted, conducted other than such franchises, licenses, permits, authorizations and approvals the lack of which would not materially impair prevent Times Mirror from performing its obligations under this Agreement.