Organization, Standing and Powers. The Recipient is validly existing and in good standing (if applicable) under the laws of the State of and it is legally authorized to transact business in each jurisdiction in which it is authorized to use the Assistance to the extent such authorization is required to carry out the authorized use(s) of the Assistance.
Appears in 5 contracts
Samples: Assistance Agreement (Shared Capital Cooperative), Assistance Agreement, Assistance Agreement
