Existence; Good Standing. Company is a duly formed corporation, validly existing and in good standing under the laws of its state of formation and is duly qualified to do business, and is in good standing, in every jurisdiction where the nature of its business requires it to be so qualified. Company is not subject to any Insolvency Proceeding.
Appears in 6 contracts
Sources: Customer Investment Agreement (Lemonade, Inc.), Customer Investment Agreement (Lemonade, Inc.), New Business Financing Agreement (Lemonade, Inc.)
Existence; Good Standing. The Company is a duly formed corporationorganized, validly existing and in good standing under the laws Applicable Law of the jurisdiction of its state of formation and incorporation or formation. The Company is duly licensed or qualified to do business, and is business under the Applicable Laws of each jurisdiction in good standing, in every jurisdiction where which the nature character of its properties or the transaction of its business requires it makes such licensure or qualification necessary, except where the failure to be so qualifiedlicensed or qualified would not have a Material Adverse Effect. The Company is not subject has all requisite corporate power and authority to any Insolvency Proceedingown, operate and lease their properties and carry on the Business.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Tegna Inc), Merger Agreement (Tegna Inc), Stock Purchase Agreement (Tegna Inc)
Existence; Good Standing. The Company is a an entity duly formed corporationorganized, validly existing and in good standing under the laws of its state jurisdiction of formation and is duly qualified to do business, and is in good standing, in every jurisdiction where the nature of its business requires it to be so qualified. Company is not subject to any Insolvency Proceedingorganization.
Appears in 2 contracts
Sources: Tender Offer Agreement (FMCC Acquisition Corp), Tender Offer Agreement (First of Michigan Capital Corp)
Existence; Good Standing. The Company is a corporation duly formed corporationorganized, validly existing and in good standing under the laws of its state jurisdiction of formation and incorporation. The Company is duly qualified or licensed to do business, and is business in good standing, standing in every jurisdiction where in which the nature conduct of its business requires it to be so qualified. Company is not subject to any Insolvency Proceedingqualified or licensed.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Hydron Technologies Inc)