Status and Authority. (i) The Developer is a for profit corporation duly organized, existing and in good standing under the laws of Missouri, (ii) its articles of incorporation and any certificates of partnership or of assumed or business name have been delivered to the City and are in full force and effect and have not been amended or changed, (iii) no proceeding is pending, planned or threatened for the dissolution, termination or annulment of it, (iv) all articles of incorporation and of assumed or business name required to be filed have been duly filed and it has complied with all other conditions prerequisite to its doing business in North Carolina, (v) it has the power, authority and legal right to carry on the business now being conducted by it and to engage in transactions contemplated by this Agreement, and (vi) all necessary corporate actions of it have been duly taken.
Appears in 5 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
