Business Organization. It is a corporation duly organized, validly existing and in good standing under the laws of the state of its formation, is qualified to do business in all jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.
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Samples: Procurement and Construction Contract (Omega Protein Corp)
Business Organization. It is a corporation company duly organized, organized and validly existing and in good standing under the laws of the state of its formationof, is qualified to do business in all the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.
Appears in 1 contract
Business Organization. It is a corporation company duly organized, organized and validly existing and in good standing under the laws of the state of its formation, is qualified to do business in all the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.
Appears in 1 contract
