Status of Company. The COMPANY enters into the CONTRACT for itself and as agent for and on behalf of the other CO-VENTURERS. Without prejudice to the provisions of Clause 32 and notwithstanding the above:
(a) the CONTRACTOR agrees to look only to the COMPANY for the due performance of the CONTRACT and nothing contained in the CONTRACT will impose any liability upon, or entitle the CONTRACTOR to commence any proceedings against any CO-VENTURER other than the COMPANY; and
(b) the COMPANY is entitled to enforce the CONTRACT on behalf of all CO-VENTURERS as well as for itself. For that purpose the COMPANY may commence proceedings in its own name to enforce all obligations and liabilities of the CONTRACTOR and to make any claim which any CO-VENTURER may have against the CONTRACTOR; and
(c) All losses, damages, costs (including legal costs) and expenses recoverable by the COMPANY pursuant to the CONTRACT or otherwise shall include the losses, damages, costs (including legal costs) and expenses of the COMPANY’s CO-VENTURERS and its and their respective AFFILIATES except that such losses, damages, costs (including legal costs) and expenses shall be subject to the same limitations or exclusions of liability as are applicable to either PARTY under the CONTRACT. For the avoidance of doubt any and all limitations of the CONTRACTOR’s liability set out in the CONTRACT shall represent the aggregate cumulative limitation of the liability of the CONTRACTOR to the COMPANY, its CO-VENTURERS and its and their respective AFFILIATES.
Status of Company. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and is licensed or qualified as a foreign corporation in all states in which the nature of its business or the character or ownership of its properties makes such licensing or qualification necessary.
Status of Company. Company enters into this Agreement for itself and as agent for and on behalf of the other Co-Venturers. Without prejudice to the provisions of Clause 23.7 and notwithstanding the above, all losses, damages, costs (including legal costs) and expenses recoverable by Company pursuant to this Agreement or otherwise shall include the losses, damages, costs (including legal costs) and expenses of Company’s Co-Venturers and its and their respective Affiliates except that such losses, damages, costs (including legal costs) and expenses shall be subject to the same limitations or exclusions of liability as are applicable to either Party under this Agreement. For the avoidance of doubt any and all limitations of Contractor’s liability set out in this Agreement shall represent the aggregate cumulative liability of the liability of the Contractor Group to the Company Group.
Status of Company. Company enters into this Order for itself and on behalf of its Co-Venturers. Contractor shall look only to Company for the performance of this Order and waives any and all rights to make or pursue any claim against Company’s Co- Venturers on whose behalf Company is acting. Company is entitled to enforce this Order on behalf of itself and such Co-Venturers.
Status of Company. The Company is a corporation duly organized, ----------------- validly existing, and in good standing under the laws of Ontario, Canada, and is licensed or qualified as a foreign corporation in all states in which the nature of its business or the character or ownership of its properties makes such licensing or qualification necessary.
Status of Company. AVT is a corporation duly organized, validly existing, and in good standing under the laws of the Republic of Singapore and to the best knowledge, information and belief of AVT, it is licensed or qualified as a foreign corporation in all geographic jurisdictions in which the nature of its business or the character or ownership of its properties makes such licensing or qualification necessary.
Status of Company. By entering into this Agreement, you expressly acknowledge that MEX Digital Pty Ltd is not an Authorised Deposit Taking Institution, and it is not regulated by the Australian Prudential Regulation Authority.
Status of Company. City’s attorney shall be reasonably satisfied as to the corporate existence and good standing of Seller, and as to its authority to consummate the transaction.
Status of Company. Company enters into this MSA for itself and as agent for and on behalf of the Co-Venturers. Without prejudice to Clause 37 and notwithstanding the foregoing: (a) Contractor agrees to look only to Company for the due performance of this MSA and nothing contained in this MSA will impose any liability or obligation upon, or entitle Contractor to commence any proceedings against any of Co-Venturers or any of Company’s or Co-Venturers’ Affiliates; (b) Company is entitled to enforce this MSA on behalf of Co-Venturers as well as for itself (and for that purpose Company may commence proceedings in its own name to enforce all liabilities and obligations of Contractor and make any claim which any Co-Venturer may have against Contractor); and (c) all claims recoverable by Company pursuant to this MSA or otherwise shall include the claims of Co- Venturers, provided that such claims shall be subject to the same limitations or exclusions of liability as are applicable to Company or Contractor under this MSA.
Status of Company. Company is a corporation duly organized and ------------------- validly existing under the laws of the State of Missouri and has all necessary power and authority to carry on the business as now conducted and to own or lease and operate its properties and assets. The authorized capital stock of Company consists of 100,000 shares of Common Stock, $1.00 par value per share. As of the Effective Date, there are 100,000 shares of Common Stock issued and outstanding. All such outstanding shares have been duly authorized and validly issued and are fully paid and non-assessable. There are no outstanding options, warrants, rights, calls, commitments, conversion rights, rights of exchange, plans or other agreements of any character providing for the purchase, issuance or sale of any shares of the capital stock of Company, other than as contemplated by this Purchase Agreement. Company has the power and authority to enter into the Transaction Documents and to carry out Company's obligations thereunder. The execution and delivery of the Transaction Documents to which Company is a party and the consummation of the Transaction have been duly and validly authorized by Company, and no other proceedings on the part of Company are necessary to authorize the Transaction or the Transaction Documents. This Purchase Agreement has been duly and validly executed and delivered by each of Company and Shareholder, and constitutes the valid and binding agreement of each of Company and Shareholder enforceable against each of them, in accordance with its terms. Each Transaction Document to be executed and delivered at the Closing and/or the Effective Date by Company or Shareholder will upon such execution and delivery constitute the valid and binding agreement of Company and Shareholder enforceable against each of them, in accordance with its terms.
