Common use of Existence; Good Standing; Authority; Enforceability Clause in Contracts

Existence; Good Standing; Authority; Enforceability. GTT is a corporation, duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia. GTT has full corporate power and authority to execute, deliver and perform this Agreement. The execution, delivery and performance of this Agreement by GTT has been duly authorized and approved by GTT and does not require any further authorization or consent of GTT. This Agreement has been duly authorized, executed and delivered by GTT and is the legal, valid and binding obligation of GTT enforceable against GTT in accordance with its terms.

Appears in 2 contracts

Sources: Sales Novation Agreement (Global Telecom & Technology, Inc.), Sales Novation Agreement (Global Telecom & Technology, Inc.)