Power and Authority of Proponent. The Proponent represents and warrants that it is duly incorporated and validly existing and in good standing and has the power and authority to carry on its business, to hold property and to enter into this Agreement and undertakes to take all necessary action to maintain itself in good standing and to preserve its legal capacity.
Appears in 7 contracts
Samples: Technology Partnerships Agreement, Technology Partnerships Agreement, Funding Agreement (Navitrak International CORP)
