CORPORATE AND PARTNERSHIP STATUS Sample Clauses

CORPORATE AND PARTNERSHIP STATUS. Each of AMBI and its Subsidiaries is a duly organized and validly existing corporation in good standing under the laws of its respective jurisdiction of incorporation, with perpetual corporate existence, and has the corporate power and authority to own its respective properties and to transact the business in which it is engaged or presently proposes to engage. N21 is a duly organized and validly existing limited partnership under the laws of its jurisdiction of incorporation, with perpetual partnership existence and has the partnership power and authority to own its respective properties and to transact the business in which it is engaged or presently proposes to engage. Each of the Borrowers and their Subsidiaries is duly qualified as a foreign corporation or partnership and in good standing in all jurisdictions where the failure to so qualify would have a material adverse effect on the operations, properties, business or financial condition of the Borrowers or their
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CORPORATE AND PARTNERSHIP STATUS. XII.8.1 If Tenant is a corporation or partnership, tenant's corporate or partnership status shall continuously be in good standing and active and current with the state of its incorporation and the state in which the Building is located at the time of execution of the Lease and at all times thereafter. Tenant shall keep its corporate status active and current throughout the Lease Term or any extensions or renewals. In the event this Lease is signed on behalf of Tenant by a person in a representative capacity, each of the person or persons signing in such capacity represents and warrants to the Landlord and its successors and assigns that:
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CORPORATE AND PARTNERSHIP STATUS. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Ohio, Reserve is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Delaware and, to the best of their knowledge, R&M Iron, Ltd. ("R&M") is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Ohio. Each of the Company, Reserve and R&M has the requisite power and authority to own or lease its respective properties and to carry on its respective business as now being conducted. To the best of their knowledge, each of the Company, Reserve and R&M is legally qualified to transact business as a foreign corporation, partnership or limited liability company, as the case may be, in all jurisdictions where the nature of its respective properties and the conduct of its respective business requires such qualification (all of which jurisdictions are listed on SCHEDULE 3.1) and is in good standing in each of the jurisdictions in which it is so qualified. There is no pending or, to the best of their knowledge, threatened proceeding for the dissolution, liquidation, insolvency or rehabilitation of either the Company, Reserve or R&M.
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CORPORATE AND PARTNERSHIP STATUS. Each of the Borrower and its Subsidiaries (i) is a duly organized and validly existing entity in good standing under the laws of the jurisdiction of its incorporation or formation, (ii) has the power and authority to own its property and assets and to transact the business in which it is engaged and (iii) is duly qualified as a foreign corporation or foreign limited partnership and in good standing in each jurisdiction where the ownership, leasing or operation of property or the conduct of its business requires such qualification.
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CORPORATE AND PARTNERSHIP STATUS. Each Maroone Corporation is a corporation, and each Partnership is a limited partnership, duly organized, validly existing and in good standing under the laws of the state of its incorporation or partnership formation and has the requisite power and authority to own or lease its properties and to carry on its business as now
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CORPORATE AND PARTNERSHIP STATUS. 12.8.1 If Tenant is a corporation or partnership, tenant's corporate or partnership status shall continuously be in good standing and active and current with the state of its incorporation and reincorporation, and is qualified to do business in the State of Florida at the time of execution of the Lease and at all times thereafter. Tenant shall keep its corporate status active and current throughout the Lease Term or any extensions or renewals. Tenant shall, when requested, provide Landlord a current copy of the Certificate of Good Standing under Seal. Failure of Tenant to keep its corporate or partnership status active and current shall constitute a default under the terms of the Lease. In the event this Lease is signed on behalf of Tenant by a person in a representative capacity, each of the person or persons signing in such capacity represents and warrants to the Landlord and its successors and assigns that:
Sample 1
CORPORATE AND PARTNERSHIP STATUS. Each of the Company and each of its Subsidiaries (i) is a duly organized and validly existing corporation or partnership, as the case may be, in good standing (if applicable) under the laws of the jurisdiction of its organization, (ii) has the corporate or partnership power and authority to own its property and assets and to transact the business in which it is engaged and presently proposes to engage and (iii) is duly qualified and is authorized to do business and is in good standing (if applicable) in each jurisdiction where the conduct of its business requires such qualifications except for failures to be so qualified which, individually or in the aggregate, could not reasonably be expected to have a material adverse effect on the business, operations, property, assets, nature of assets, liabilities, condition (xxxxx- cial or otherwise) or prospects of the Company or the Company and its Subsidiaries taken as a whole.
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CORPORATE AND PARTNERSHIP STATUS. 9.8.1 If Tenant is a corporation or partnership, tenant's corporate or partnership status shall continuously be in good standing and active and current with the state of its incorporation and the state in which the Building is located at the time of execution of the Lease and at all times thereafter. Tenant shall keep its corporate status active and current throughout the Lease Term or any extensions or renewals. Tenant shall annually file with Landlord a current copy of the Certificate of Good Standing under Seal. Failure of Tenant to keep its corporate or partnership status active and current shall constitute a default under the terms of the Lease. In the event this Lease is signed on behalf of Tenant by a person in a representative capacity, each of the person or persons signing in such capacity represents and warrants to the Landlord and its successors and assigns that:
Sample 1
CORPORATE AND PARTNERSHIP STATUS. Each of the Property -------------------------------- Subsidiaries and each of the General Partners (a) is duly organized, validly existing and in good standing under the laws of the state of its organization as a corporation or limited partnership; (b) has all requisite corporate or partnership, as applicable, power, and authority to own its assets and to carry on its business as now being or as proposed to be conducted; and (c) is qualified to do business in all jurisdictions in which the nature of its business make such qualification necessary and where failure to so qualify would have a Material Adverse Effect. Each of the Subsidiaries of the Borrower (not including the Property Subsidiaries) (a) is duly organized, validly existing and in good standing under the laws of the state of its organization as a corporation or limited partnership; (b) has all requisite corporate or partnership, as applicable, power and authority to own its assets and to carry on its business as now being or as proposed to be conducted; and (c) is qualified to do business in all jurisdictions in which the nature of its business make such qualification necessary, except where the failure of any of the foregoing does not and could not have a Material Adverse Effect. Each of the Property Subsidiaries and each of the General Partners has the corporate or partnership, as applicable, power and authority to execute, deliver and perform its obligations under this Agreement, the Assigned Agreements and the other Loan Documents to which it is or may become a party.
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Related to CORPORATE AND PARTNERSHIP STATUS

  • Partnership Status The parties intend to treat the Partnership as a partnership for U.S. federal income tax purposes.

  • CORPORATE AND PARTNERSHIP AUTHORITY If Tenant is a corporation or partnership, or is comprised of either or both of them, each individual executing this Amendment for the corporation or partnership represents that he or she is duly authorized to execute and deliver this Amendment on behalf of the corporation or partnership and that this Amendment is binding upon the corporation or partnership in accordance with its terms.

  • Formation of Partnership The Managing GP, the Liquidation GP and the Limited Partner agreed to and formed a limited partnership pursuant to the laws of the Province of Ontario on October 5, 2007. The parties hereto have agreed to confirm their agreements relating to the Partnership on the terms and conditions set out in this Agreement. The Partnership will be effective as a limited partnership from October 5, 2007, the date on which the Declaration was filed in accordance with the LP Act, and the Partnership will file any documents necessary as a result of the amendments reflected in this Agreement.

  • Partnership Name The name of the Partnership is “OZ Advisors II LP.” The name of the Partnership may be changed from time to time by the General Partner.

  • Formation of the Partnership The Partnership was formed as a limited partnership pursuant to the provisions of the Act and the Original Agreement and continued upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

  • Ownership by Limited Partner of Corporate General Partner or Affiliate No Limited Partner shall at any time, either directly or indirectly, own any stock or other interest in the General Partner or in any Affiliate thereof, if such ownership by itself or in conjunction with other stock or other interests owned by other Limited Partners would, in the opinion of counsel for the Partnership, jeopardize the classification of the Partnership as a partnership for federal tax purposes. The General Partner shall be entitled to make such reasonable inquiry of the Limited Partners as is required to establish compliance by the Limited Partners with the provisions of this Section.

  • Formation of Limited Partnership (a) The Partnership is formed as a limited partnership pursuant to the Certificate and this Agreement. The Partners agree that their rights, duties and liabilities will be as provided in the Delaware Act, except as otherwise provided in this Agreement. The General Partner will cause the Certificate to be executed and filed in accordance with the Delaware Act and will cause to be executed and filed with applicable governmental authorities any other instruments, documents and certificates that the General Partner concludes may from time to time be required by the laws of the United States of America, the State of Delaware or any other jurisdiction in which the General Partner determines that the Partnership should do business, or any political subdivision or agency of any such jurisdiction, or that the General Partner determines is necessary or appropriate to effectuate, implement and continue the valid existence and business of the Partnership.

  • Certification of Limited Liability Company and Limited Partnership Interests Each interest in any limited liability company or limited partnership controlled by any Grantor and pledged hereunder shall be represented by a certificate, shall be a “security” within the meaning of Article 8 of the New York UCC and shall be governed by Article 8 of the New York UCC.

  • Partnership and Limited Liability Company Interests Except as previously disclosed to the Administrative Agent, none of the Collateral consisting of an interest in a partnership or a limited liability company (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or (v) constitutes a Security or a Financial Asset.

  • Dissolution of Partnership The Partnership shall be dissolved upon the expiration of its term or the earlier occurrence of any of the following events.

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