Organization and Standing of Carolina Pacific. Carolina Pacific is a corporation duly organized and existing under the laws of the State of North Carolina and is duly qualified to do business in the State of North Carolina and in each jurisdiction where the failure to be so qualified would have a material adverse effect on Borrower. To the best of Carolina Pacific=s knowledge and belief, it is in material compliance with all applicable laws and regulations governing the conduct of its business and governing consummation of the transactions and its principal place of business is located in the State of North Carolina.
Appears in 3 contracts
Samples: Loan Agreement (Transit Group Inc), Advised Revolving Line of Credit Agreement (Transit Group Inc), Loan Agreement and Security Agreement (Transit Group Inc)
Organization and Standing of Carolina Pacific. Carolina Pacific is a corporation duly organized and existing under the laws of the State of North Carolina and is duly qualified to do business in the State of North Carolina and in each jurisdiction where the failure to be so qualified would have a material adverse effect on Borrower. To the best of Carolina Pacific=s 's knowledge and belief, it is in material compliance with all applicable laws and regulations governing the conduct of its business and governing consummation of the transactions and its principal place of business is located in the State of North Carolina.
Appears in 1 contract
Samples: Revolving Line of Credit Agreement (Transit Group Inc)