Common use of Existence and Powers Clause in Contracts

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

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

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