Common use of Standing Clause in Contracts

Standing. Such Party is a corporation duly organized, validly existing and in good standing under the laws of its State of organization and is qualified to do business in all other jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Appears in 5 contracts

Samples: Master Project Development Agreement, Master Project Development Agreement (Fulcrum Bioenergy Inc), Master Project Development Agreement (Fulcrum Bioenergy Inc)

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Standing. Such Party is a corporation duly organized, validly existing and in good standing under the laws of its State state of organization incorporation and is qualified to do business in all other jurisdictions each jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects prospect or business.

Appears in 3 contracts

Samples: Preferred Equipment Supply Agreement, Preferred Equipment Supply Agreement (BrightSource Energy Inc), Preferred Equipment Supply Agreement (BrightSource Energy Inc)

Standing. Such Party is a corporation company duly organized, validly existing and in good standing under the laws of its State state of organization incorporation and is qualified to do business in all other jurisdictions each jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects prospect or business.

Appears in 3 contracts

Samples: Preferred Partnership Agreement, Preferred Partnership Agreement (BrightSource Energy Inc), Preferred Partnership Agreement (BrightSource Energy Inc)

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Standing. Such If a corporation, limited liability company or partnership, such Party is a corporation duly organizedorganized or formed, validly existing and in good standing under the laws of its State or country of organization or formation and is qualified to do business in all other jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure to qualify would have a material adverse effect on its financial condition, operations, prospects or business.

Appears in 1 contract

Samples: Project Agreement (MMEX Resources Corp)

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