Due Incorporation; Valid Existence; Good Standing. It is a corporation duly organized and validly existing in good standing under the laws of the jurisdiction of its incorporation; and is duly qualified to do business as a foreign corporation and in good standing under the laws of each jurisdiction where the character of its property, the nature of its business or the performance of its obligations under this Agreement makes such qualification necessary.
Appears in 5 contracts
Samples: And Restated Sale Agreement (BFC Financial Corp), Note Funding Agreement (Bluegreen Vacations Corp), Note Funding Agreement (BBX Capital Corp)