Status of Tenant Sample Clauses

Status of Tenant. Tenant is a corporation duly organized and validly existing in good standing under the laws of the State of Delaware qualified in other jurisdictions where necessary in order to conduct its business and has all necessary power to carry on its business as now being conducted, to operate its properties as now being operated, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.
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Status of Tenant. If Tenant is a corporation, the persons executing this Lease on Tenant’s behalf agree and warrant that: Tenant is a duly constituted corporation qualified to do business in California; all of Tenant’s franchisee and corporate taxes have been paid to date; all future forms, reports, fees, and other documents necessary for Tenant to comply with Applicable Laws will be filed by Tenant when due; and such persons are duly authorized by the board of directors of such corporation to execute and deliver this Lease on behalf of the corporation. Tenant certifies that if it is operating under a fictitious name that such name has been duly recorded according to California law and has attached hereto a copy of such registration form.
Status of Tenant. This Lease shall terminate if Tenant does not maintain its status as a not-for-profit entity and a Tax-Exempt Organization as recognized by the Internal Revenue Service. Tenant shall provide City with documentation of its status prior to execution of this Lease, and shall provide City with copies of annual Certificates of Good Standing reports during the existence of this lease. Tenant covenants and agrees that it has not and shall not perform any act or enter into any agreement which shall adversely affect its status as a Tax-Exempt Organization and shall conduct its operations so as to maintain its status as a charitable organization within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”) which is exempt from federal income taxes under Section 501(a) of the Code, or any successor provisions of federal income tax law. Reference is also made to the agreements of Tenant relating to the tax-exempt bonds issued by the City to finance the Complex as set forth in the Agreement With Respect to Bond- Financed Facilities between the City and the Tenant.
Status of Tenant. All of the Tenant's common stock is owned beneficially and of record by Citadel or a direct or indirect wholly-owned subsidiary of Citadel.
Status of Tenant. Tenant covenants that it is a valid and existing corporation under the laws of the State of Minnesota, that it is duly authorized to transact business in the State of Arizona, and that it has full right and authority to enter into this Lease.
Status of Tenant a. To be eligible to obtain and continue occupancy, the Tenant shall be enrolled in classes at the OUHSC, University of Oklahoma, Norman Campus or an employee of the University of Oklahoma (including residents and post-doctoral fellows). Audit courses, correspondence courses (Independent Study), CLEP, Advanced Standing, Intersession, Online, and courses taken at other schools do not count toward enrollment status requirements. If such status is lost, Tenant lease may be terminated by University. Employment by area hospitals, including OU Medical and VA Hospital does not count toward employee status of the University of Oklahoma.
Status of Tenant. As of the Effective Date, Tenant has provided to the City evidence reasonably satisfactory to the City to demonstrate that Tenant is a single purpose, single-asset entity. Tenant's provision of copies of the Certificate of Formation filed with the New Hampshire Secretary of State and its Operating Agreement evidencing the same shall be deemed reasonable evidence thereof;
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Status of Tenant. By virtue of its execution of this Lease, any individual executing this Lease on behalf of Tenant represents and warrants that he/she holds the title noted below his/her signature and that he/she is authorized and empowered by all necessary legal means, including corporate, partnership, or company action (as applicable), and under applicable law, to execute and deliver this Lease on behalf of such entity and to bind such entity to its obligations hereunder. Tenant will remain qualified to do business and in good standing throughout the Term in the state in which the Premises is located. If the applicable Tenant entity is not qualified as stated herein, or is not duly existing, the individual(s) signing on behalf of such entity hereby acknowledge and agree that they individually, jointly and severally, shall be responsible for all terms, covenants, and obligations of this Lease, in addition to said entity until such time as the applicable entity is properly qualified or duly existing.
Status of Tenant. Guarantor represent and warrant that Tenant is under no disability in connection with the execution and delivery of the Lease.
Status of Tenant. The Tenant and its agents and employees are not employees of the State of New Mexico. The Tenant and its agents and employees shall not accrue leave, retirement, insurance, bonding, use of State vehicles, or any other benefits afforded to employees of the State of New Mexico as a result of this Lease Agreement. This Lease Agreement does not subject the Tenant to the Open Meetings Act, or make their records, other than the annual audit, public records subject to the State's Inspection of Public Records Act.
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