Organization; Good Standing; Qualification and Power. The Company and each of its Subsidiaries are duly organized, validly existing and in good standing under the Laws of their respective jurisdictions of formation, have all requisite power (corporate or otherwise) to carry on their respective businesses as presently being conducted and are qualified to do business and in good standing in every jurisdiction in which the failure so to qualify or be in good standing could reasonably be expected to have a Material Adverse Effect on the Company.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Capital Trust Inc), Securities Purchase Agreement (Berkley W R Corp), Securities Purchase Agreement (Capital Trust Inc)
Organization; Good Standing; Qualification and Power. The Company and each of its Subsidiaries are is duly organized, validly existing and in good standing under the Laws of their respective jurisdictions its jurisdiction of formationincorporation, have has all requisite power (corporate or otherwise) to carry on their respective businesses its business as presently being conducted and are is qualified to do business and in good standing in every jurisdiction in which the failure so to qualify or be in good standing could reasonably be expected to have a Material Adverse Effect on the Company.
Appears in 2 contracts
Samples: Cumulative Redeemable Preferred Stock Purchase Agreement, Cumulative Redeemable Preferred Stock Purchase Agreement (Essex Property Trust Inc)
Organization; Good Standing; Qualification and Power. The Company and each of its Subsidiaries are is duly organized, validly existing and in good standing under the Laws of their respective jurisdictions its state of formation, have all requisite power (corporate . The Company and each of its Subsidiaries is duly qualified or otherwise) to carry on their respective businesses as presently being conducted and are qualified licensed to do business as a foreign entity and is in good standing in every each jurisdiction in which the property owned, leased or operated by it or the nature of the business conducted by it makes such qualification necessary, except where the failure so to qualify obtain such qualification or be license would not, individually or in good standing could reasonably be expected to have the aggregate, result in a Material Adverse Effect on the CompanyEffect.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Comfort Systems Usa Inc), Purchase Agreement (Comfort Systems Usa Inc)
