Organization and Performance Sample Clauses

Organization and Performance. Generator is a limited liability company duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia. But for the passage of time, Generator has no knowledge of any facts or circumstances that would materially adversely affect Generator’s ability to perform its obligations hereunder.
AutoNDA by SimpleDocs
Organization and Performance. Customer is a public body duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia and has the full legal right, power, and authority to conduct its business and perform its obligations under this Agreement.

Related to Organization and Performance

  • Payment and Performance Borrower will pay all amounts due under the Loan Documents in accordance with the terms thereof and will observe, perform and comply with every covenant, term and condition expressed or implied in the Loan Documents. Borrower will cause each other Restricted Person to observe, perform and comply with every such term, covenant and condition.

  • Guaranty of Payment and Performance Guarantor’s obligations under this Guaranty constitute an unconditional guaranty of payment and performance and not merely a guaranty of collection.

  • Continuity of Service and Performance Unless otherwise agreed in writing, the Parties shall continue to provide service and honor all other commitments under this Agreement during the course of a Dispute with respect to all matters not subject to such Dispute.

  • Payment and Performance Bond Prior to the execution of this Contract, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.

  • Payment and Performance Bonds The Contractor shall comply with the following minimum bonding requirements:

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