ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized and validly existing under, and by virtue of, the laws of the State of Minnesota and is in good standing under such laws. The Company is qualified to do business as a foreign corporation in every jurisdiction in which the failure to so qualify would have a material adverse effect on the business, assets, operating results, prospects or financial condition of the Company (a "Material Adverse Effect"). The Company has the requisite corporate power and authority to own and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conducted. The Company has previously delivered to the Investor true and accurate copies of the Restated Articles of Incorporation and Bylaws, as presently in effect, of the Company.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Florida, and has full power and authority to own and operate its properties and assets and to carry on its business as presently conducted. The Company is duly qualified and authorized to do business, and is in good standing as a foreign corporation, in each jurisdiction where the nature of its activities and of its properties (both owned and leased) makes such qualification necessary and where a failure to so qualify would have a material adverse effect on its business or properties. The Amendment has been filed with the Florida Secretary of State on or before the date hereof.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized and validly existing under, and by virtue of, the laws of the State of California, is in good standing under such laws and is authorized to exercise all of its corporate powers, rights and privileges. The Company has the requisite legal and corporate power and authority to own, lease and operate its properties and assets and to conduct its business as presently conducted and as proposed to be conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction where the failure to be so qualified would have a material adverse effect on the business of the Company as now conducted or as proposed to be conducted. True, correct and complete copies of the Company's Articles, Bylaws and other charter documents, each as will be in effect at the Closing have been delivered to each Purchaser.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. Borrower is a corporation duly organized and existing under, and by virtue of, the laws of the State of California and is in good standing under such laws. Borrower has requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted and as proposed to be conducted. Borrower is not presently qualified to do business as a foreign corporation in any jurisdiction, and the failure to be so qualified would not have a material adverse effect on Borrower's business as now conducted. Borrower has furnished to Lenders or their special counsel upon request copies of its Articles of Incorporation, as amended, and Bylaws, as amended. Said copies are true, correct and complete and contain all amendments through the Closing Date.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized and validly existing under, and by virtue of, the laws of the State of California, is in good standing under such laws and is authorized to exercise all of its corporate powers, rights and privileges. The Company has the requisite legal and corporate power and authority to own, lease and operate its properties and assets and to conduct its business as presently conducted and as proposed to be conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction where the failure to be so qualified would have a material adverse effect on the business of the Company as now conducted or as proposed to be conducted (as reflected in the Company's March 1995 Business Plan, a copy of which business plan has previously been delivered to the Purchaser (the "Business Plan")). True, correct and complete copies of the Company's Articles, Bylaws and other charter documents, each as will be in effect at the Closing have been delivered to each Purchaser.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. Xxxxxxxx.xxx is a corporation duly organized and validly existing under, and by virtue of, the laws of the State of California and is in good standing under such laws. Xxxxxxxx.xxx has the requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted and as proposed to be conducted. Xxxxxxxx.xxx is qualified to do business and is in good standing as a foreign corporation in all jurisdictions where the failure to be so qualified would have a Material Adverse Effect on the business, assets (including intangible assets), financial condition, results of operations or prospects of Xxxxxxxx.xxx.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. Each of the Company and the Subsidiary is a corporation duly organized and validly existing under, and by virtue of, the laws of the state of its incorporation and is in good standing under such laws. Each of the Company and the Subsidiary has requisite corporate power and authority to own, lease and operate its respective properties and assets and to carry on its respective business as presently conducted and as proposed to be conducted. Neither the Company, nor the Subsidiary is presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would have a material adverse effect on the Condition of the Company and the Subsidiary. No jurisdiction has claimed in writing or otherwise, that either the Company or the Subsidiary is required to qualify as a foreign corporation therein. Except as set forth on Schedule 3.1, the Company does not own, lease or operate property in any jurisdiction other than its jurisdiction of incorporation. The Company has furnished to the Purchasers or their special counsel copies of its Articles of Incorporation, as amended, and Bylaws, as amended. Said copies are true, correct and complete and contain all amendments through the Closing Date.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California. The Company has the requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted and as presently proposed to be
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. The Company has delivered to the Purchaser true and complete copies of the Company's Articles of Incorporation and Bylaws. The Company has all requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted.
ORGANIZATION AND STANDING; ARTICLES OF INCORPORATION AND BYLAWS. BST is a corporation validly incorporated and existing under the laws of the State of Georgia and is in good standing under such laws. BST has the requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted.
