Standing and Qualification. Contractor is a [_______], duly organized, validly existing, and in good standing under the laws of the State of [_______], and has full power to execute, deliver and perform its obligations hereunder to own, lease and operate its properties and to engage in the business it presently conducts and contemplates conducting under this Agreement, and is and will be duly licensed or qualified and in good standing under the laws of the State of Utah and in each other jurisdiction in which the nature of the business transacted by it makes such licensing or qualification necessary and where the failure to be licensed or qualified would have a material adverse effect on its ability to execute and deliver this Agreement or perform its obligations hereunder.
Standing and Qualification. Each Seller is a corporation duly organized, validly existing, and in good standing under the laws of the State of Minnesota and has all necessary corporate powers to own its properties and to operate its business as now owned and operated by it. Financial Statements: Exhibit B to this Agreement sets forth consolidated --------- and consolidating balance sheets of the Business as reported internally, as of November 30, 1999, and December 31, 1999, and the related consolidated and consolidating statements of income for the fiscal periods ending on those dates. The Financial Statements fairly present the transactions recorded throughout the periods indicated and properly record those transactions in the balance sheets and results of operations included in the Financial Statements.
Standing and Qualification. PPSS is a corporation duly incorporated, validly existing and in good standing under the Canada Business Corporations Act. PPSS is duly qualified, licensed or authorized to do business and, if applicable, in good standing in each jurisdiction where the nature of the activities conducted by it or the character of the properties owned, leased or operated by it require such qualification, licensing or authorization, except where the failure to so qualify would not have a Material Adverse Effect. The Company has full right, power and authority to carry on its business as now being conducted and to own or lease and operate its properties as such properties are now being operated. PPSS has previously delivered or made available to Purchasers true, correct and complete copies of the articles of incorporation and by-laws of PPSS, each as currently in effect.
Standing and Qualification. Each Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, is duly licensed as a foreign corporation in the State of South Carolina, and has all requisite corporate power and authority and is entitled to own, lease and operate its properties and to carry on its business as and in the places such properties are now owned, leased or operated and where such business is presently conducted. The copies of the Certificate of Incorporation and By-Laws of each Seller delivered to Buyer are complete and correct.
Standing and Qualification. Seller is an individual doing business as a sole proprietorship under the business name "The Xxxxxxx Group." Seller is not a corporation or a partnership. Seller is authorized to carry on its business as now conducted and to own and operate its properties in the places where such properties are now located; and Seller is authorized and licensed to do business in the city of Xxxxxx. The performance of this Agreement by Seller will not result in a default or breach of any other agreement to which Seller is a party. Seller has the authority to enter into this Agreement.
Standing and Qualification. Such Party is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, is in good standing and is qualified to do business in Texas and in all other jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.
Standing and Qualification. 41 20.2 No Violation of Law; Litigation.........................................41 20.3
Standing and Qualification. Unigene is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Unigene is not, nor is it required to be, qualified or licensed to transact business as a foreign corporation under the laws of any State other than the State of its incorporation and New Jersey in order to enable it to conduct its business as it is presently being conducted, except where the failure to be so qualified or licensed is not reasonably expected to have a material adverse effect on its financial condition, assets, business or results or operation or its ability to perform its obligations hereunder. Unigene is duly qualified as a foreign corporation and is in good standing under the laws of the State of New Jersey. Unigene has full corporate power and authority to own or lease its properties and other assets and to conduct its business as it is now being conducted.
