Common use of Organization, Good Standing, Etc Clause in Contracts

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Amendment and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 5 contracts

Samples: Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp)

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Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Amendment and the other Loan Documents to which it is a party being executed in connection with this Amendment, and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction jurisdiction, in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 3 contracts

Samples: Fourth Amendment (Enherent Corp), Financing Agreement (Enherent Corp), To Financing Agreement (Enherent Corp)

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Amendment and the other Loan Documents to which it is a party being executed in connection with this Amendment, and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 2 contracts

Samples: Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp)

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Sixth Amendment and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Organization, Good Standing, Etc. Such Each Loan Party (i) is a corporation corporation, limited liability company or limited partnership duly organized, validly existing and in good standing under the laws of the state or jurisdiction of its organization, and (ii) has all requisite power and authority to execute, deliver and perform this Amendment and each other Third Amendment Document to which it is a party, and to perform the Financing Agreement, each Loan Document as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which by the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessaryapplicable Third Amendment Document.

Appears in 1 contract

Samples: Financing Agreement (Delek US Holdings, Inc.)

Organization, Good Standing, Etc. Such Each Loan Party (i) is a corporation corporation, limited liability company or limited partnership duly organized, validly existing and in good standing under the laws of the state or jurisdiction of its organization, and (ii) has all requisite power and authority to execute, deliver and perform this Amendment Amendment, and to perform the Financing Agreement, each Loan Document as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it this Amendment or in which the transaction of its business makes such qualification necessaryconnection herewith.

Appears in 1 contract

Samples: Financing Agreement (Delek US Holdings, Inc.)

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Fifth Amendment and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Organization, Good Standing, Etc. Such Each Loan Party (i) is a corporation corporation, limited liability company or limited partnership duly organized, validly existing and in good standing under the laws of the state or jurisdiction of its organization, and (ii) has all requisite power and authority to execute, deliver and perform this Amendment to which it is a party, and to perform the Financing Agreement, each Loan Document as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessarythis Amendment.

Appears in 1 contract

Samples: Financing Agreement (Delek US Holdings, Inc.)

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Organization, Good Standing, Etc. Such Each Loan Party (i) is a corporation corporation, limited partnership or limited liability company, as the case may be, duly organized, validly existing and in good standing under the laws of the state of its organization, organization other than to the extent that the failure to be in good standing in such state could not reasonably be expected to have a Material Adverse Effect and (ii) has all requisite power and authority to execute, deliver and perform this Amendment Amendment, and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Financing Agreement (Builders FirstSource, Inc.)

Organization, Good Standing, Etc. Such Each Loan Party (i) is a corporation corporation, limited liability company or limited partnership duly organized, validly existing and in good standing under the laws of the state or jurisdiction of its organization, organization and (ii) has all requisite power and authority to executeconduct its business as now conducted and as presently contemplated and, deliver and perform this Amendment in the case of the Borrower, to make the borrowings hereunder, and to perform the Financing Agreement, as amended herebyexecute and deliver each Loan Document to which it is a party, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which consummate the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessarytransactions contemplated thereby.

Appears in 1 contract

Samples: Financing Agreement (All Star Gas Corp)

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Third Amendment and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Organization, Good Standing, Etc. Such Loan Party (i) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Fourth Amendment and to perform the Financing Agreement, as amended hereby, and (iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Fourth Amendment (Enherent Corp)

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