Organization; Existence; Good Standing Sample Clauses

Organization; Existence; Good Standing. Such Party is duly organized, validly existing and in good standing in the jurisdiction of its organization. Such Party has the full right and authority to enter into, execute, deliver and perform its obligations under this Agreement, and such Party has taken all requisite corporate, body politic or other action to approve the execution, delivery and performance of this Agreement.
AutoNDA by SimpleDocs
Organization; Existence; Good Standing. The Company is duly organized, validly existing and in good standing under the laws of Delaware and has all requisite power and authority to enter into this Agreement.
Organization; Existence; Good Standing. The Town and the developer represent to each other that they are legal entities that are capable of signing this PPA.
Organization; Existence; Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware, (ii) has the power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged; and (iv) is duly qualified to do business and is in good standing as a foreign entity in each other jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a material adverse effect on the Company and its subsidiaries, taken as a whole.
Organization; Existence; Good Standing. Each of Borrower and VSC: (i) is duly organized, validly existing and in good standing as a corporation under the laws of the Commonwealth of Massachusetts (ii) has obtained all licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, (iii) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is licensed and in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.
Organization; Existence; Good Standing. Borrower (i) is duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware, (ii) has obtained all licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, (iii) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect. The Disclosure Schedule lists all states where Borrower is qualified or authorized as a foreign corporation.
Organization; Existence; Good Standing. The Borrower and each Subsidiary (i) is a corporation duly organized, validly existing and in good standing under the laws of the state in which it is incorporated, (ii) has obtained all material licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, (iii) has the power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is in good standing as a foreign entity in each other jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect. Schedule 4.1 lists all states and other locations where each of Borrower and each Subsidiary is qualified or authorized to do business.
AutoNDA by SimpleDocs
Organization; Existence; Good Standing. Each Borrower (a) is duly organized, validly existing and in good standing as a corporation under the laws of the state of its incorporation, (b) has obtained all material licenses and permits and has filed all registrations necessary for the lawful operation of its business, (c) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (d) is duly qualified to do business and is in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not result in a Material Adverse Effect. The Disclosure Schedule attached as Schedule B lists all states where the Borrowers are qualified as foreign corporations.
Organization; Existence; Good Standing. MEDICO is a corporation duly organized, validly existing and in good standing under the laws of the State of Nebraska.
Organization; Existence; Good Standing is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Xxxxxxx is not in violation of any of the provisions of its Certificate of Incorporation or Bylaws. Xxxxxxx is duly qualified to conduct its business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as the case may be, would not, individually or in the aggregate, have or reasonably be expected to result in any material adverse change, either individually or in the aggregate, in the business, operations, properties, assets or condition (financial or other), or any event that has had or would reasonably be expected to have a material adverse effect (a “Material Adverse Effect”) on Xxxxxxx.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!