Legal Existence and Power. IMFT is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. IMFT has the requisite legal power and authority to carry on its business as now conducted. IMFT is duly qualified to do business and is in good standing in each jurisdiction in which such qualification is required, except where the failure to be so qualified or in good standing would not be reasonably expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: MTV Asset Purchase and Sale Agreement (Micron Technology Inc), MTV Asset Purchase and Sale Agreement (Micron Technology Inc), MTV Asset Purchase and Sale Agreement (Micron Technology Inc)
