Common use of Organization and Licensing Clause in Contracts

Organization and Licensing. The Policy Provider is duly organized, validly existing and in good standing as a New York-domiciled stock insurance company duly qualified to conduct an insurance business in every jurisdiction where qualification may be necessary to accomplish the Transactions.

Appears in 3 contracts

Samples: Insurance and Indemnity Agreement (Jetblue Airways Corp), Insurance and Indemnity Agreement (Jetblue Airways Corp), Insurance and Indemnity Agreement (American Airlines Inc)

AutoNDA by SimpleDocs

Organization and Licensing. The Policy Provider is duly organized, validly existing and in good standing as a New YorkWisconsin-domiciled stock insurance company company, duly qualified to conduct an insurance business in every jurisdiction where qualification may be necessary to accomplish the Transactions.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (American Airlines Inc), Insurance and Indemnity Agreement (Continental Airlines Inc /De/)

AutoNDA by SimpleDocs

Organization and Licensing. The Policy Provider is duly organized, validly existing and in good standing as a New York-domiciled stock insurance company corporation under the laws of the State of New York duly qualified to conduct an insurance business in every jurisdiction where qualification may be necessary to accomplish the Transactions.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Continental Airlines Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!