CORPORATION IN GOOD STANDING Clause Samples
The 'Corporation in Good Standing' clause affirms that the corporation is legally registered, compliant with all relevant laws, and authorized to conduct business in its jurisdiction. This typically means the corporation has filed all required documents, paid necessary fees, and is not subject to administrative penalties or dissolution. By including this clause, parties ensure that the corporation is validly existing and capable of entering into binding agreements, thereby reducing the risk of legal challenges related to the corporation’s status.
CORPORATION IN GOOD STANDING. If CONTRACTOR is a corporation, the undersigned hereby represents and warrants that the corporation is duly incorporated and in good standing in the State of California, and that ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ whose title is President is authorized to act for and bind the corporation.
CORPORATION IN GOOD STANDING. Borrower has complied in all material respects with all laws necessary to conduct its business as presently conducted and Borrower is a corporation (i) duly organized, validly existing and in good standing in Delaware, (ii) in good standing and qualified to do business in the jurisdiction where such Borrower's principal place of business is located and (iii) in good standing and qualified to do business in all other jurisdictions to the extent necessary for Borrower to conduct its business as presently conducted in such jurisdictions.
CORPORATION IN GOOD STANDING. 18 SECTION 4.02. Due Authorization..........................................18 SECTION 4.03. Pending and Threatened Actions.............................18 SECTION 4.04. Disclosure.................................................18 SECTION 4.05. Valid and Binding Obligations..............................19 SECTION 4.06.
CORPORATION IN GOOD STANDING. If Licensee is a California corporation, Licensee warrants that it is a corporation in good standing and is currently authorized to do business in California.
CORPORATION IN GOOD STANDING. In order to induce Lender to enter into this Agreement and to make the Loan as herein provided, Borrower hereby represents and warrants that Borrower shall be organized as a corporation, validly existing and in good standing under the Applicable Laws of the State of Delaware and has or will have the power and authority to execute, deliver and carry out the terms and provisions of this Agreement.
CORPORATION IN GOOD STANDING. Corporation is in good standing. All taxes currently due, including income and franchise taxes, have been paid. There are no pending actions or proceedings to limit or impair Corporation's power to engage in business or to dissolve Corporation.
CORPORATION IN GOOD STANDING. If Contractor is a corporation, the undersigned hereby represents and warrants that the corporation is duly incorporated and in good standing in the State of California, and that ▇▇▇▇▇▇
CORPORATION IN GOOD STANDING. The Purchaser is duly organized and validly subsisting in good standing under the laws of the State of Delaware and has the full corporate power to conduct its business as such business is now being conducted.
CORPORATION IN GOOD STANDING. If Consultant is a California corporation, Consultant warrants that it is a corporation in good standing and is currently authorized to do business in California.
CORPORATION IN GOOD STANDING. If Developer is a California corporation, Developer warrants that it is a corporation in good standing and is currently authorized to do business in California.