Common use of Organization and Standing of Service Express Clause in Contracts

Organization and Standing of Service Express. Service Express is a corporation duly organized and existing under the laws of the State of Alabama and is duly qualified to do business in the State of Alabama and in each jurisdiction where the failure to be so qualified would have a material adverse effect on Borrower. To the best of Service Express= 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 Alabama.

Appears in 3 contracts

Samples: Loan Agreement and Security Agreement (Transit Group Inc), Loan Agreement and Security Agreement (Transit Group Inc), Credit Agreement (Transit Group Inc)

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Organization and Standing of Service Express. Service Express is a corporation duly organized and existing under the laws of the State of Alabama and is duly qualified to do business in the State of Alabama and in each jurisdiction where the failure to be so qualified would have a material adverse effect on Borrower. To the best of Service Express= Express' 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 Alabama.

Appears in 1 contract

Samples: Credit Agreement (Transit Group Inc)

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