Common use of Existence and Powers Clause in Contracts

Existence and Powers. The Contractor is duly organized and validly existing as a corporation under the laws of the State of California with full legal right and power to enter into and perform its obligations under this Agreement.

Existence and Powers. The Contractor is duly organized and validly existing as a corporation under the laws of the State of California California, with full legal right and power to enter into and perform its obligations under this AgreementFranchise. The Contractor has the expertise and financial resources to provide the Franchise Services. Appendix 1 sets forth qualifications of the Contractor.