Common use of Organization, Standing and Powers Clause in Contracts

Organization, Standing and Powers. The Recipient is a validly existing Tribal Government, or an entity validly existing and in good standing under federal law or the laws of the state or Tribe of its legal formation and has all requisite power and authority to own and operate its assets and properties, to carry on its business as it is now being conducted and to carry out its proposed, hereby authorized use(s) of the Assistance provided hereunder.

Organization, Standing and Powers. The Recipient is a validly existing Tribal Government, instrumentality of a State, or an entity validly existing and in good standing under federal Federal law or the laws of the state State or Tribe of its legal formation and has all requisite power and authority to own and operate its assets and properties, to carry on its business as it is now being conducted and to carry out its proposed, hereby authorized use(s) of the Assistance CMF Award provided hereunder.

Organization, Standing and Powers. The Recipient is a validly existing Tribal Government, or an entity validly existing and in good standing under federal law or the laws of the state or Tribe of its legal formation and has all requisite power and authority to own and operate its assets and properties, to carry on its business as it is now being conducted and to carry out its proposed, hereby authorized use(s) of the CDFI RRP Assistance provided hereunder.

Organization, Standing and Powers. The Recipient is a validly existing Tribal Government, instrumentality of a State, or an not-for-profit entity formed under the laws of the [State or Tribe] and validly existing and in good standing under federal the law of [State or the laws of the state or Tribe Tribe] of its legal formation and has all requisite power and authority to own and operate its assets and properties, to carry on its business as it is now being conducted and to carry out its proposed, hereby authorized use(s) of the Assistance CMF Award provided hereunder.

Organization, Standing and Powers. The Recipient is a validly existing Tribal Government, or an entity validly existing and in good standing under federal law or the laws of the state or Tribe of its legal formation and has all requisite power and authority to own and operate its assets and properties, to carry on its business as it is now being conducted and to carry out its proposed, hereby authorized use(s) of the SDL Program Assistance provided hereunder.