Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 2 contracts
Samples: Term Loan Agreement (Bare Escentuals Inc), Credit Agreement (Bare Escentuals Inc)
Organization and Powers. Each of Holdings and its Subsidiaries Company is a corporation, partnership or limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries Company has all requisite 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 the Second Lien Term Loan Agreement Related Documents to which it is a party and to carry out the transactions contemplated thereby.
Appears in 2 contracts
Samples: Credit Agreement (Propex International Holdings II Inc.), Credit Agreement (Propex Fabrics Inc.)
Organization and Powers. Each of Holdings and its Subsidiaries Company is a corporation, partnership corporation duly organized or limited liability company duly organizedformed, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization as specified in Schedule 5.1 5.1A annexed hereto. Each of Holdings and its Subsidiaries Company has all requisite power and authority to own own, lease and operate its propertiesassets, to carry on its business as now conducted business, except, in each of the foregoing cases, where the failure to have such power and as proposed authority could not reasonably be expected to be conductedhave a Material Adverse Effect, and to enter into the Loan Documents and the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 2 contracts
Samples: Second Lien Credit Agreement (Panolam Industries International Inc), Credit Agreement (Panolam Industries International Inc)
Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership partnership, trust or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement Related Documents to which it is a party and to carry out the transactions contemplated thereby.
Appears in 2 contracts
Samples: Credit Agreement (Maidenform Brands, Inc.), Credit Agreement (FTD Inc)
Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership partnership, trust or limited liability company duly organizedorganized or incorporated, validly existing and in good standing (where applicable) under the laws of its jurisdiction of organization or incorporation as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement Related Agreements to which it is a party and to carry out the transactions contemplated thereby.
Appears in 2 contracts
Samples: Credit Agreement (FTD Group, Inc.), Credit Agreement (FTD Group, Inc.)
Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership partnership, trust or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule SCHEDULE 5.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement Related Documents to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract
Samples: Credit Agreement (FTD Inc)
Organization and Powers. Each of Holdings and each of its Subsidiaries is a corporation, partnership or limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in incorporation (which jurisdiction is set forth on Schedule 5.1 annexed hereto5.4(A)). Each of Holdings and each of its Subsidiaries 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 each Related Transactions Document and Loan Documents and the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated therebyRelated Transactions and the Obligations.
Appears in 1 contract
Samples: Credit Agreement (Universal Technical Institute Inc)
Organization and Powers. Each of Holdings and its Material Subsidiaries is a corporation, partnership partnership, trust, or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Material Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract
Organization and Powers. Each of Holdings and its Subsidiaries Company is a corporation, partnership corporation duly organized or limited liability company duly organizedformed, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries Company has all requisite power and authority to own own, lease and operate its propertiesassets, to carry on its business as now conducted business, except, in each of the foregoing cases, where the failure to have such power and as proposed authority could not reasonably be expected to be conductedhave a Material Adverse Effect, and to enter into the Loan Documents and the Second Lien Term Loan Agreement Related Agreements to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract
Samples: Credit Agreement (Panolam Industries International Inc)
Organization and Powers. Each of Holdings and its Subsidiaries Company is a corporation, partnership or limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries Company has all requisite 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract
Samples: Superpriority Debtor in Possession Credit Agreement (Propex Inc.)
Organization and Powers. Each of Holdings and its Subsidiaries Company is a corporation, partnership or limited liability company corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries Company has all requisite 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
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Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership or limited liability company corporation duly organized, organized and validly existing and in good standing under the laws of the state of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings incorporation and its Subsidiaries 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 this Agreement, and each Loan Documents and the Second Lien Term Loan Agreement Document to which it is a party party, to issue the Notes (in the case of Borrower) or with respect to which it has assumed any obligations and to carry out the transactions contemplated hereby and thereby.
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Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract
Organization and Powers. Each of Holdings and its Subsidiaries is a corporation, partnership or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization as specified in Schedule 5.1 7.1 annexed hereto. Each of Holdings and its Subsidiaries has all requisite corporate or partnership 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 the Second Lien Term Loan Agreement to which it is a party and to carry out the transactions contemplated thereby.
Appears in 1 contract