Corporate. Each Sensec Company is a corporation duly organized, validly existing and in good standing under the Laws under which it was incorporated. Each Sensec Company is qualified to do business as a foreign corporation in any jurisdiction where it is required to be so qualified, except where the failure to so qualify would not have a Material Adverse Effect. The Charter Documents and bylaws of Sensec and of each Sensec Company (which have been delivered to Ensec and Sentech) have been duly adopted and are current, correct and complete. Each Sensec Company has all necessary corporate power and authority to own, lease and operate its part of the Sensec Assets and to carry on its part of the Sensec Business as it is now being conducted.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Global Security Technologies Inc), Agreement and Plan of Merger (Sentech Eas Corp /Fl), Agreement and Plan of Merger (Ensec International Inc)
