Organization, Standing, Etc. Such Borrower is a corporation or trust duly organized, validly existing, and in good standing under applicable state laws and has all requisite corporate or trust power and authority to carry on its respective businesses as now conducted and proposed to be conducted, to enter into this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereby, to issue and borrow under the Note and to carry out the terms hereof and thereof;
Appears in 24 contracts
Samples: Facility Agreement (Usaa Tax Exempt Fund Inc), Facility Agreement (Usaa Tax Exempt Fund Inc), Facility Agreement (Usaa Mutual Fund Inc)
Organization, Standing, Etc. Such The Borrower is a corporation or trust duly organized, validly existing, and in good standing under applicable state laws and has all requisite corporate or trust power and authority to carry on its respective businesses as now conducted and proposed to be conducted, to enter into this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereby, to issue and borrow under the Note and to carry out the terms hereof and thereof;
Appears in 13 contracts
Samples: Facility Agreement (Usaa Tax Exempt Fund Inc), Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa Tax Exempt Fund Inc)
Organization, Standing, Etc. Such Borrower is a corporation or trust duly organized, validly existing, and in good standing under applicable state laws and has all requisite corporate or trust power and authority to carry on its respective businesses as now conducted and proposed to be conducted, to enter into this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereby, to issue and borrow under the Note Note, and to carry out the terms hereof and thereof;
Appears in 3 contracts
Samples: Facility Agreement (Usaa State Tax Free Trust), Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa Tax Exempt Fund Inc)