Common use of Organization, Good-Standing and Conduct of Business Clause in Contracts

Organization, Good-Standing and Conduct of Business. CFB is a corporation, duly organized, validly existing and in good standing under the laws of the State of South Carolina, and has full power and authority and all necessary governmental and regulatory authorization to own its properties and assets and to carry on its business as it is presently being conducted.

Appears in 3 contracts

Samples: Amended and Restated Agreement (Carolina First Corp), Internet Banking Operation Agreement (Carolina First Corp), Amended and Restated Agreement (Netbank Inc)

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Organization, Good-Standing and Conduct of Business. CFB CFC is a corporation, duly organized, validly existing and in good standing under the laws of the State of South Carolina, is duly registered as a bank holding company under the BHCA, and has full power and authority and all Authorizations necessary governmental and regulatory authorization to own all of its properties and assets and to carry on its business as it is presently being conducted., and is properly licensed,

Appears in 1 contract

Samples: Reorganization Agreement (Carolina First Corp)

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