Common use of Corporate Existence and Standing Clause in Contracts

Corporate Existence and Standing. The Company and each Material Subsidiary is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite authority to conduct its business in each jurisdiction in which the failure so to qualify would have a material adverse effect on the business, properties, assets, operations or condition (financial or otherwise) of the Company.

Appears in 6 contracts

Samples: Five Year Credit Agreement (Edwards Lifesciences Corp), Five Year Credit Agreement (Edwards Lifesciences Corp), ir.edwards.com

AutoNDA by SimpleDocs

Corporate Existence and Standing. The Company and each Material Subsidiary is duly organized, validly existing and in good standing (to the extent such concept applies) under the laws of its jurisdiction of incorporation and has all requisite corporate or other organizational authority to conduct its business in each jurisdiction in which the failure so to qualify would have a material adverse effect on the business, properties, assets, operations or condition (financial or otherwise) of the CompanyCompany and its Subsidiaries, taken as a whole.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Edwards Lifesciences Corp), Five Year Credit Agreement (Edwards Lifesciences Corp), Five Year Credit Agreement (Edwards Lifesciences Corp)

AutoNDA by SimpleDocs

Corporate Existence and Standing. The Company and each Material Subsidiary is duly organized, validly existing and in good standing (to the extent such concept applies) under the laws of its jurisdiction of incorporation and and, except as set forth on Schedule 3.01, has all requisite authority to conduct its business in each jurisdiction in which the failure so to qualify would have a material adverse effect on the business, properties, assets, operations or condition (financial or otherwise) of the CompanyCompany and its Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Edwards Lifesciences Corp)

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