Representations of Licensee. Licensee represents and warrants to --------------------------- Muzak that, on the date of this Agreement: (a) If Licensee is a trust, corporation, or partnership, it is duly organized, in good standing, and qualified to do business in all jurisdictions included in the Territory; all controlling ownership interests in Licensee are directly and indirectly held by those persons and entities listed on the signature pages hereof, and no other persons or entities own any controlling interests in Licensee; and it has all necessary power and authority to execute, deliver, and perform this Agreement. (b) There are no actions, suits, proceedings, or investigations in any court or before any governmental agency or instrumentality which affect or are reasonably likely to affect Licensee's ability to perform its obligations under this Agreement.
Appears in 3 contracts
Samples: License Agreement (Audio Communications Network Inc), License Agreement (Audio Communications Network Inc), License Agreement (Audio Communications Network Inc)
Representations of Licensee. Licensee represents and warrants to Muzak --------------------------- Muzak that, on the date of this Agreement:
(a) If Licensee is a trust, corporation, or partnership, it is duly organized, in good standing, and qualified to do business in all jurisdictions included in the Territory; all controlling ownership interests in Licensee are directly and indirectly held by those persons and entities listed on the signature pages hereof, and no other persons or entities own any controlling interests in Licensee; and it has all necessary power and authority to execute, deliver, and perform this Agreement.
(b) There are no actions, suits, proceedings, or investigations in any court or before any governmental agency or instrumentality which affect or are reasonably likely to affect Licensee's ability to perform its obligations under this Agreement.
Appears in 1 contract
Samples: License Agreement (Audio Communications Network Inc)