Common use of Organization, Power and Qualification Clause in Contracts

Organization, Power and Qualification. Company is duly organized, validly existing and in good standing and has full power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Company is duly qualified and in good standing to do business in all jurisdictions where located and/or conducting business, except where the failure to be so qualified would not have a material adverse effect on Company’s business or Company’s or Bank’s ability to perform as required under this Agreement or operate the Plan.

Appears in 3 contracts

Samples: Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc), Private Label Credit Card Plan Agreement (Charming Shoppes Inc)

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Organization, Power and Qualification. Company It is duly organized, validly existing and in good standing under the laws of the state of its organization and has full power and authority to enter into this Agreement and to carry out the provisions of this Agreement. Company It is duly qualified and in good standing to do business in all jurisdictions where located and/or conducting business, except where the failure to be so qualified would not have a material adverse effect on Company’s Stage's business or Company’s its or Bank’s 's ability to perform as required under this Agreement or operate the Plan.

Appears in 1 contract

Samples: Plan Agreement (Stage Stores Inc)

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