Status of the Corporation Sample Clauses

Status of the Corporation. The Corporation shall possess full juridical personality and, in particular, the capacity:
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Status of the Corporation. The Corporation is a corporation duly formed and existing under the laws of Maryland in good standing with the State Department of Assessments and Taxation of Maryland, with the power to own, lease and operate its properties and to conduct its business as it is currently being conducted. The Corporation is duly qualified as a foreign organization to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business. The Corporation is organized in conformity with the requirements for qualification as a real estate investment trust under the Code and currently intends to operate in a manner which allows the Corporation to continue to meet the requirements for taxation as a real estate investment trust under the Code.
Sample 1Sample 2
Status of the Corporation. The Corporation shall not be an agency, in- strumentality, or establishment of the United States Government, nor a Government cor- poration, nor a Government controlled cor- poration, as such terms are defined in section 103 of title 5. No action under section 1491 of title 28 (commonly known as the Xxxxxx Act) shall be allowable against the United States based on the actions of the Corporation.
Sample 1
Status of the Corporation. The Corporation has all necessary power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its Business as now conducted. The Corporation is qualified to do business as an extra-provincial or foreign corporation in all jurisdictions in which the nature of the business conducted or the properties and assets owned, leased or operated, requires such qualification except to the extent that the failure to be so qualified in any jurisdiction has not caused or is not reasonably expected to have a Material Adverse Effect.
Sample 1

Related to Status of the Corporation

  • Covenants of the Corporation (1) The Corporation covenants and agrees with the Underwriters that:

  • Indemnification of the Company, its Directors and Officers Each Underwriter agrees, severally and not jointly, to indemnify and hold harmless the Company, and its directors, each officer of the Company who signed the Registration Statement and each person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, against any and all loss, liability, claim, damage and expense described in the indemnity contained in Section 5.1.1, as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement, any preliminary prospectus, the Statutory Prospectus, any Testing-the-Waters Communication or the Prospectus (or any amendment or supplement to the foregoing), solely in reliance upon and in conformity with the Underwriters’ Information.

  • RIGHTS OF THE CORPORATION AND COVENANTS 33 Section 5.1 Optional Purchases by the Corporation 33 Section 5.2 General Covenants. 33 Section 5.3 Warrant Agent’s Remuneration and Expenses. 34 Section 5.4 Performance of Covenants by Warrant Agent 35 Section 5.5 Enforceability of Warrants. 35 ARTICLE 6 ENFORCEMENT 35

  • Suits by the Corporation The Corporation shall have the right to enforce full payment of the Exercise Price of all Common Shares issued by the Warrant Agent to a Registered Warrantholder hereunder and shall be entitled to demand such payment from the Registered Warrantholder or alternatively to instruct the Warrant Agent to cancel the share certificates and amend the securities register accordingly.

Time is Money Join Law Insider Premium to draft better contracts faster.