Common use of Valid Existence Clause in Contracts

Valid Existence. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Kentucky and has the requisite corporate power and authority to carry on its business as it is now being conducted.

Appears in 6 contracts

Sources: Voting Agreement (Churchill Downs Inc), Voting Agreement (Churchill Downs Inc), Voting Agreement (Youbet Com Inc)

Valid Existence. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State jurisdiction of Kentucky its incorporation and has the requisite corporate power and authority and all necessary governmental approvals to own, lease and operate its properties and to carry on its business as it is now being conducted.

Appears in 6 contracts

Sources: Voting Agreement (Geo Group Inc), Voting Agreement (Correctional Services Corp), Voting Agreement (Huizenga H Wayne)

Valid Existence. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Kentucky Delaware and has the requisite corporate power and authority to carry on its business as it is now being conducted.

Appears in 6 contracts

Sources: Voting Agreement (Digital Generation, Inc.), Merger Agreement (Eyetech Pharmaceuticals Inc), Voting Agreement (Party City Corp)

Valid Existence. Parent is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State jurisdiction of Kentucky its organization and has the requisite corporate limited liability company power and authority and all necessary governmental approvals to own, lease and operate its properties and to carry on its business as it is now being conducted.

Appears in 3 contracts

Sources: Voting Agreement (United Capital Corp /De/), Voting Agreement (Prime Hospitality Corp), Voting Agreement (BREP IV Hotels Holding L.L.C.)

Valid Existence. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Kentucky Florida and has the requisite corporate power and authority and all necessary governmental approvals to own, lease and operate its properties and to carry on its business as it is now being conducted.

Appears in 1 contract

Sources: Voting Agreement (Devcon International Corp)

Valid Existence. Parent is a corporation (Aktiengesellschaft) duly organizedincorporated, validly existing and in corporate good standing (to the extent such concepts are applicable) under the laws of the State Federal Republic of Kentucky Germany and has the requisite corporate power and authority to carry on its business as it is now being conducted.

Appears in 1 contract

Sources: Merger Agreement (Renovis Inc)

Valid Existence. Parent is a corporation limited partnership duly organized, validly existing and in good standing under the laws of the State jurisdiction of Kentucky its organization and has the requisite corporate limited partnership power and authority and all necessary governmental approvals to own, lease and operate its properties and to carry on its business as it is now being conducted.

Appears in 1 contract

Sources: Voting Agreement (Getty Investments LLC)