Purpose and Powers of the Sfvcog Sample Clauses

Open Split View

Download

Share

Cite

Purpose and Powers of the Sfvcog 

Sample 1Sample 2Sample 3See All (4)

Save

Copy

Related to Purpose and Powers of the Sfvcog

• Purposes and Powers The purpose of the Trust is to engage in the following activities:

• Organization and Power The Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

• Existence and Power The Seller is a limited liability company validly existing and in good standing under the laws of the State of Delaware and has, in all material respects, all power and authority required to carry on its business as it is now conducted. The Seller has obtained all necessary licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of the Seller to perform its obligations under the Transaction Documents or affect the enforceability or collectibility of the Receivables or any other part of the Transferred Assets.

• Representations and Warranties of the Sponsor The Sponsor hereby represents and warrants to the Owner Trustee that:

• Representations and Warranties of the Shareholder The Shareholder hereby represents and warrants to the Company as follows:

• Representations and Warranties of the Subscriber The Subscriber represents and warrants to the Company that:

• Representations and Warranties of the Seller The Seller hereby represents and warrants to the Purchaser as follows:

• PURPOSE AND AUTHORITY The parties to this agreement are the Department of Homeland Security (DHS) and the (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify.

• Designation and Authorization 1. Each Party shall have the right to designate as many airlines as it wishes to conduct international air transportation in accordance with this Agreement and to withdraw or alter such designations. Such designations shall be transmitted to the other Party in writing through diplomatic channels, and shall identify whether the airline is authorized to conduct the type of air transportation specified in Annex I or in Annex II or both.