Common use of Valid Organization Clause in Contracts

Valid Organization. If a corporation, limited liability company or partnership, Debtor is duly organized, validly existing and in good standing under the laws of the state of organization and is authorized to do business in Wisconsin.

Appears in 4 contracts

Samples: Security Agreement (PMC International Inc), Security Agreement (PMC International Inc), General Business Security Agreement (Ziegler Companies Inc)

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Valid Organization. If a corporation, limited liability company or partnership, Debtor is duly organized, validly existing and in good standing under the laws of the state of organization and is authorized to do business in Wisconsin.

Appears in 2 contracts

Samples: General Business Security Agreement (Integrated Information Systems Inc), General Business Security Agreement (Integrated Information Systems Inc)

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Valid Organization. If a corporation, limited liability company or general or limited partnership, Debtor is duly organized, validly existing and in good standing under the laws of the state of organization and is authorized to do business in Wisconsin.

Appears in 2 contracts

Samples: General Business Security Agreement (Novelos Therapeutics, Inc.), General Business Security Agreement (Telkonet Inc)

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