Common use of Organization, Power and Qualification Clause in Contracts

Organization, Power and Qualification. Bank is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.

Appears in 12 contracts

Samples: Private Label Credit Card Program Agreement (Alliance Data Systems Corp), Private Label Credit Card Program Agreement (Stage Stores Inc), Private Label Credit Card Program Agreement (Design Within Reach Inc)

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Organization, Power and Qualification. Bank is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.

Appears in 3 contracts

Samples: Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc)

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Organization, Power and Qualification. Bank is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America and has full corporate power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Bank is duly qualified and in good standing to do business in all jurisdictions where such qualification is necessary for Bank to carry out its obligations under this Agreement.

Appears in 1 contract

Samples: Private Label Credit Card Program Agreement (Samuels Jewelers Inc)

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