Common use of Corporate Existence, Power and Authority Clause in Contracts

Corporate Existence, Power and Authority. Such Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power and authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Appears in 24 contracts

Samples: Receivables Sale Agreement (GE Equipment Transportation LLC, Series 2013-1), Loan Sale Agreement (Cef Equipment Holding LLC), Receivables Sale Agreement (GE Equipment Transportation LLC, Series 2013-1)

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Corporate Existence, Power and Authority. Such The Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power and authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Appears in 8 contracts

Samples: Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Midticket LLC, Series 2006-1)

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Corporate Existence, Power and Authority. Such The Seller (i) is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power and authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Appears in 1 contract

Samples: Receivables Sale Agreement (Cef Equipment Holding LLC)

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