Validly Existing Sample Clauses

Validly Existing. The Company validly exists as a company under the laws of the State of Israel. The Company has the full corporate power and authority to conduct its business as currently conducted and the Company had at all relevant times the full corporate power and authority to conduct its business as previously conducted, save that if at any time the Company did not have the full corporate power and authority to conduct its business as previously conducted, the lack of such corporate power and authority did not have a material adverse effect on the Company.
Validly Existing. Party A is a limited liability company duly incorporated and validly existing and has the status as an independent legal person enterprise under the PRC Laws.
Validly Existing. Borrower is validly existing under the laws of the State of Delaware, is in good standing in the State of California, and has the requisite power and authority to execute and deliver this Agreement and to perform the Loan Documents as modified herein. The execution and delivery of this Agreement and the performance of the Loan Documents as modified herein have been duly authorized by all requisite action by or on behalf of Borrower. This Agreement has been duly executed and delivered on behalf of Borrower.
Validly Existing. Each of Wentai Education and Zhongda Foundation is an entity incorporated and validly existing under applicable laws. Wentai Education and Zhongda Foundation have fully paid their respective registered capitals according to the payment schedule set out in their respective articles of association, approval documents and business licenses (the “Incorporation Documents”), which is in compliance with the requirements of the PRC laws. There is no registered capital that has not been paid or delayed in payment, and there is no registered capital that has been taken away. All the Incorporation Documents of Wentai Education and Zhongda Foundation have been legally and validly approved or registered (if required), and are valid and enforceable under the laws of the PRC. The business scopes of Wentai Education and Zhongda Foundation as set forth in the Incorporation Documents are met with the PRC legal requirements. The production and business operation of Wentai Education and Zhongda Foundation are in compliance with the laws of the PRC. All certificates, licenses and permits required for the production and business operation of Wentai Education and Zhongda Foundation under the laws of the PRC have been applied for and obtained according to laws; Wentai Education and Zhongda Foundation have carried out (including without limitation) all registration formalities with national and local civil affairs bureaux and education bureaux of the PRC, as well as other relevant administrative departments in respect of the investment in and operation of all compulsory and early childhood educational institutions developed by them, which include: Chunmiao Kindergarten in Nanshan District, Shenzhen, Foreign Language School attached to Zhongda in Dongguan, Huizhou Foreign Language School, Kindergarten of Huizhou Foreign Language School, Foreign Language School attached to Sun Yat-Sen University in Nanhai District, Foshan, Kindergarten of Four Seasons Flower City Foreign Language School attached to Sun Yat-Sen University in Nanhai District, Foshan, Foreign Language Kindergarten (No. 2 Kindergarten) attached to Zhongda in Nanhai District, Foshan, Lanshan Foreign Language Experimental Primary School attached to Zhongda in Baiyun District, Guangzhou, Lanshan Foreign Language Experimental Kindergarten attached to Zhongda in Baiyun District, Guangzhou, (Vanke City) Foreign Language Kindergarten attached to Zhongda in Luogang District, Guangzhou (collectively referred to as the “Education...
Validly Existing. If Buyer is a trust, Buyer is duly formed and validly existing. If Buyer is a corporation, Buyer is validly existing, duly incorporated and in good standing under the laws of the state of its formation and as of the Close of Escrow will be qualified to do business in the State of California. If Buyer is a limited liability company, Buyer is validly existing, duly organized and in good standing under the laws of the state of its formation and as of the Close of Escrow will be qualified to do business in the State of California. If Buyer is a limited partnership, Buyer is duly formed, validly existing and in good standing under the laws of the state of its formation and as of the Close of Escrow will be qualified to do business in the State of California.
Validly Existing. Seller is a business trust validly existing and presently subsisting under the laws of the Commonwealth of Pennsylvania.
Validly Existing. 3.1 This Agreement has been duly and validly authorised, effected and delivered by the Sellers and constitutes legal, valid and binding obligations of the Sellers enforceable in accordance with its terms.
Validly Existing it is a corporation validly existing under the laws of its place of registration;
Validly Existing. Consulting Company and the Target Kindergartens and Centers are entities incorporated and validly existing under applicable laws. Consulting Company and the Target Kindergartens and Centers have fully paid their respective registered capitals or start-up capital according to the payment schedule set out in their respective articles of association, approval documents, business licenses, Registration Certificate of Private Non-Enterprise Entities (Legal Person) and Permit for Operation of Schools for Privately-run Schools (the “Incorporation Documents”), which is in compliance with the requirements of the PRC laws. There is no start-up capital that has not been paid or delayed in payment, nor is there any start-up capital that has been taken away. The Original Shareholders, Consulting Company, Investment Company, Guoping Dong or the Target Kindergartens and Centers have furnished to Yuanbo Education a capital verification report, certifying that Consulting Company and the Target Kindergartens and Centers have fully paid their respective registered capital or start-up capital according to laws. All the Incorporation Documents of Consulting Company and the Target Kindergartens and Centers have been legally and validly approved or registered (if required), and are valid and enforceable under the laws of the PRC. The business scopes of Consulting Company and the Target Kindergartens and Centers as set forth in the Incorporation Documents are met with the PRC legal requirements. The production and business operation of Consulting Company and the Target Kindergartens and Centers are in compliance with the laws of the PRC. All certificates, licenses, and permits required under the laws of the PRC for the production and business operation of Consulting Company and the Target Kindergartens and Centers have been applied for and obtained according to laws; the Target Kindergartens and Centers have carried out (including, without limitations) all registration formalities with national and local civil affairs bureaux and education bureaux of the PRC, as well as other relevant administrative departments in respect of their investment and operation. All approvals or permits in relation thereto have been obtained according to laws; Consulting Company and the Target Kindergartens and Centers have completed their respective registration formalities with the relevant administrative department in respect of their cooperation with offshore organizations that is necessary for the...
Validly Existing. Purchaser is a corporation validly existing and presently subsisting under the laws of the Commonwealth of Pennsylvania.