Common use of Organisation Clause in Contracts

Organisation. It is a company duly incorporated under the laws of England with full corporate power, authority and legal right to own its assets and conduct its business as such assets are presently owned and its business as presently conducted and with power to enter into the [Series Documents] and to exercise its rights and perform its obligations thereunder and all corporate and other action required to authorise its execution of each Series Document and its performance of its obligations thereunder has been duly taken.

Appears in 5 contracts

Samples: Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC), Management Agreement (Gracechurch Receivables Trustee LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.