Common use of Status and Governmental Licences Clause in Contracts

Status and Governmental Licences. 3.1.4.1. The Vendor is a corporation duly incorporated, validly existing and in good standing in all respects under the laws of its jurisdiction of incorporation. The Vendor has all necessary corporate power to own, lease and operate its assets, properties and business and to carry on its business as it is now being conducted and is in good standing in every jurisdiction in which the nature of its business or the location of its properties requires such qualification or licensing. Schedule 3.

Status and Governmental Licences. 3.1.4.1. The Vendor is a corporation duly incorporated, incorporated and validly existing and in good standing subsisting in all respects under the laws of its jurisdiction of incorporation. The Vendor has all necessary corporate power to own, lease and operate its assets, properties and business own the Purchased Assets to the extent that it presently has such ownership and to carry on its business as it is now being conducted and is in good standing in every jurisdiction in which the nature of its business or the location of its properties requires such qualification or licensing. Schedule 3conducted.

Status and Governmental Licences. 3.1.4.1. The Vendor is a corporation duly incorporated, incorporated and validly existing and in good standing subsisting in all respects under the laws of its jurisdiction of incorporation. The Vendor has all necessary corporate power to own, lease and operate its assets, properties and business own the Purchased Assets and to carry on its business as it is now being conducted and is in good standing in every jurisdiction in which the nature of its business or the location of its properties requires such qualification or licensing. Schedule 3conducted.

Status and Governmental Licences. 3.1.4.1. The Vendor is a corporation limited liability company duly incorporatedorganized, validly existing and in good standing in all respects under the laws of its jurisdiction of incorporation. The Vendor has all necessary corporate power to own, lease and operate its assets, properties and business and to carry on its business as it is now being conducted and is in good standing in every jurisdiction in which the nature of its business or the location of its properties requires such qualification or licensing. Schedule 3.