Corporate Formation Sample Clauses

Corporate Formation. The Corporation is a corporation legally formed and organized and in good standing under the laws of the State of Florida, and has the corporate power and authority to carry on the business it is now executing.
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Corporate Formation. The total number of shares of all classes of stock that the Corporation is authorized to issue is twenty one million (21,000,000), consisting of thirteen million (13,000,000) shares of Class A Common Stock with a par value of one cent ($.0l) per share, of which 2,433,750 shares are issued and outstanding, three million (3,000,000) shares of Class A Preferred Stock with a par value of one cent ($.01) per share, of which 327,500 shares are issued and outstanding, and five million (5,000,000) shares of Class B Common Stock with a par value of one cent ($01) per share, of which 5,000,000 are issued and outstanding.
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Corporate Formation. Borrower is a corporation in good standing duly organized under the laws of Nevada. Borrower has the corporate power and authority to transact its business.
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Corporate Formation. The parties shall form an Oklahoma limited liability corporation (OKLLC) and issue the stock according to the following; BlueFire Equipment Corporation-six million shares, Xxxxx Xxx-two million shares and Xxxx Xxxxxx two million shares (or other entity as the individuals see fit). Should BlueFire form marketing affiliates in other states, BlueFire shall extend a mutually beneficial opportunity for participation to Xxxxx Xxx and Xxxx Xxxxxx.
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Corporate Formation. The parties shall form a Colombian Corporation (hereafter "BFCC") and issue the stock according to the following ownership percentage; BlueFire Equipment Corporation-51% , Groupo Sierra Alta, S.A.S.-49%.
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Corporate Formation. The Corporation is a corporation legally formed and organized and in good standing under the laws of the State of Georgia, and has the corporate power and authority to carry on the business it is now executing.
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Corporate Formation. 1. Assume responsibility for Certificate of Incorporation, Company Bylaws, Equity Incentive Plan, Shareholder Agreements, and all other legal corporate formation requirements previously undertaken by outside counsel.
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Corporate Formation. The Company has complied in all material respects with all provisions and requirements of The International Business Companies Ordinance (No. 8 of 1984) of the BVI and corresponding legislation in any other relevant jurisdiction as are or have been in force and so far as is material, all returns, particulars, resolutions and other documents, including accounts required under any such legislation to be delivered on behalf of the Company to any governmental or other Competent Authority have been properly made and delivered.
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Corporate Formation 
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Related to Corporate Formation

  • Corporate Formalities The Borrower will strictly observe limited liability company formalities in its dealings with the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliates thereof, and funds or other assets of the Borrower will not be commingled with those of the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliates thereof except as permitted by this Agreement in connection with servicing the Pool Receivables. The Borrower shall not maintain joint bank accounts or other depository accounts to which the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliate thereof (other than the Servicer solely in its capacity as such) has independent access. The Borrower is not named, and has not entered into any agreement to be named, directly or indirectly, as a direct or contingent beneficiary or loss payee on any insurance policy with respect to any loss relating to the property of the Servicer, the Parent, the Performance Guarantor, the Originators or any Subsidiaries or other Affiliates thereof. The Borrower will pay to the appropriate Affiliate the marginal increase or, in the absence of such increase, the market amount of its portion of the premium payable with respect to any insurance policy that covers the Borrower and such Affiliate.

  • Name; Formation The name of the Company shall be Aramark Organizational Services, LLC or such other name as the Member may from time to time hereafter designate. The Company constitutes a continuation of the existence of the Converted Corporation in the form of a Delaware limited liability company. In accordance with Section 18-214(b) of the Act, the Certificate of Conversion (converting the Converted Corporation to the Company) and the Certificate of Formation of the Company have been duly executed by a Member or other person designated by a Member or by any officer, agent or employee of the registered agent of the Company in the State of Delaware (any such person being an authorized person to take such action) and filed in the Office of the Secretary of State of the State of Delaware. As provided in Section 18-214(d) of the Act, the existence of the Company is deemed to have commenced on September 10, 1984, the date the Converted Corporation was originally organized under the laws of the State of Delaware.

  • Due Formation The Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

  • Company Formation The Company has been formed as a limited liability company under and pursuant to the Act. The Managers shall file the Certificate and all other such instruments or documents and shall do or cause to be done all such filing, recording, or other acts, as may be necessary or appropriate from time to time to comply with the requirements of law for the formation and/or operation of a limited liability company in the State of Delaware. The Managers may also direct that the Company be registered or qualified to do business in other jurisdictions.

  • Partnership Formation and Identification 6 2.1 Formation............................................................................................ 6 2.2 Name, Office and Registered Agent.................................................................... 6 2.3 Partners............................................................................................. 6 2.4

  • 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.

  • Certificate of Formation The execution of the Certificate of Formation and the filing thereof in the office of the Secretary of State of the State of Delaware are hereby ratified, confirmed and approved.

  • Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity (a) Amend, modify or change its Organization Documents in a manner adverse to the Lenders.

  • Formation of Company The Company was formed on February 23, 2017 pursuant to the provisions of the Delaware Act. The filing of the Certificate of Formation of the Company with the Secretary of State of the State of Delaware are hereby ratified and confirmed in all respects.

  • Corporate Names (a) Except as otherwise specifically provided in any Ancillary Agreement:

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