Common use of Preservation of Corporate Existence and Qualifications Clause in Contracts

Preservation of Corporate Existence and Qualifications. Each Company shall keep in full effect its existence, rights and franchises as a corporation or association under the laws of the jurisdiction in which organized and will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.

Appears in 7 contracts

Samples: Master Allocation Agreement (Westcorp /Ca/), Allocation Agreement (WFS Financial Inc), Management Services Agreement (WFS Financial Inc)

AutoNDA by SimpleDocs

Preservation of Corporate Existence and Qualifications. Each Company shall keep in full effect its existence, rights and franchises as a corporation or association under the laws of the jurisdiction in which each is organized and will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.

Appears in 4 contracts

Samples: Deposit Account Agreement (WFS Financial Inc), Interest Rate Swap Guarantee Agreement (Westcorp /Ca/), Guarantee and Reimbursement Agreement (WFS Financial Inc)

AutoNDA by SimpleDocs

Preservation of Corporate Existence and Qualifications. Each Company shall will keep in full effect its existence, rights and franchises as a corporation or association under the laws of the its jurisdiction in which organized and and, if required, will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.

Appears in 1 contract

Samples: Annuity Licensing Fee Agreement (Westcorp /Ca/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!