Common use of The Guarantor Clause in Contracts

The Guarantor. 9.2.1 is a limited liability partnership which is duly organised, validly existing and in good standing under the laws of the Xxxxxxxx Islands; 9.2.2 has full power to own its property and assets and to carry on its business as it is now being conducted; 9.2.3 has complied with all statutory and other requirements relative to its business; 9.2.4 is solvent and not in liquidation or administration or subject to any other insolvency procedure, and no receiver, administrative receiver, administrator, liquidator, trustee or analogous officer has been appointed in respect of it or all or any part of its assets.