Common use of Material Subsidiaries Clause in Contracts

Material Subsidiaries. Each of the Borrower's Material Subsidiaries is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 11 contracts

Samples: Assignment and Assumption Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Western Atlas Inc)

AutoNDA by SimpleDocs

Material Subsidiaries. Each of the Borrower's ’s Material Subsidiaries is a corporation duly incorporatedorganized or formed, validly existing and in good standing under the laws of its the jurisdiction of incorporationits incorporation or organization, and has all corporate powers requisite power and authority and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Fluor Corp), Assignment and Assumption (Fluor Corp), Assignment and Assumption (Fluor Corp)

Material Subsidiaries. Each of the Borrower's ’s Material Subsidiaries is a corporation corporation, limited liability company or partnership, as the case may be, duly incorporated, organized and validly existing and in good standing under the laws of its the jurisdiction of incorporationits formation, and has all corporate the requisite powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 4 contracts

Samples: Credit Agreement (V F Corp), Credit Agreement (V F Corp), Credit Agreement (V F Corp)

Material Subsidiaries. Each of the Borrower's Material Subsidiaries is a corporation duly incorporatedincorporated and validly existing, validly existing and in good standing under the laws of its jurisdiction of incorporation, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 2 contracts

Samples: Credit Agreement (Fluor Corp), Credit Agreement (Massey Energy Co)

Material Subsidiaries. Each of the such Borrower's Material Subsidiaries is a corporation or other legal entity duly incorporatedincorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation or formation, and has all corporate or partnership powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 2 contracts

Samples: Credit Agreement (Chevron Phillips Chemical Co LLC), Credit Agreement (Chevron Phillips Chemical Co LLC)

Material Subsidiaries. Each of the such Borrower's ’s Material Subsidiaries is a corporation or other legal entity duly incorporatedincorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation or formation, and has all corporate corporate, partnership, or other powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 2 contracts

Samples: Credit Agreement (Chevron Phillips Chemical Co LLC), Credit Agreement (Chevron Phillips Chemical Co LLC)

Material Subsidiaries. (a) Each of the Borrower's corporate Material Subsidiaries is a corporation duly incorporated, validly existing and in good standing (if such concept is applicable in the relevant jurisdiction of incorporation) under the laws of its jurisdiction of incorporation, and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Policy Management Systems Corp)

AutoNDA by SimpleDocs

Material Subsidiaries. Each of the such Borrower's Material Subsidiaries is a corporation or other legal entity duly incorporatedincorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation or formation, and has all corporate corporate, partnership, or other powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.. 3.9

Appears in 1 contract

Samples: Credit Agreement (Chevron Phillips Chemical Co LLC)

Material Subsidiaries. Each of the such Borrower's --------------------- Material Subsidiaries is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of its jurisdiction of incorporationorganization, and has all corporate necessary powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/)

Material Subsidiaries. Each of the such Borrower's Material Subsidiaries is a corporation or other legal entity duly incorporatedincorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation or formation, and has all corporate corporate, partnership, or other powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Credit Agreement (Chevron Phillips Chemical Co LLC)

Material Subsidiaries. Each of the such Borrower's Material Subsidiaries is a corporation or other legal entity duly incorporatedincorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation or formation, and has all corporate or partnership powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted.. 32 28

Appears in 1 contract

Samples: Credit Agreement (Chevron Phillips Chemical Co LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.