Common use of Status Clause in Contracts

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 63 contracts

Sources: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Term Loan Facility Agreement (Gran Tierra Energy Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 37 contracts

Sources: Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 25 contracts

Sources: Credit Agreement, Credit Agreement (Eros International PLC), Term Loan Facilities Agreement

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 20 contracts

Sources: Multicurrency Revolving Facility Agreement (H Lundbeck a S), Term Loan Facilities Agreement, Facility Agreement

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 16 contracts

Sources: Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted or is contemplated to be conducted.

Appears in 13 contracts

Sources: Credit Facility Agreement, Credit Facilities Agreement (Gold Fields LTD), Facility Agreement (Gold Fields LTD)

Status. (a) It is a corporation, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries Transaction Obligor has the power to own its assets and carry on its business as it is being conducted.

Appears in 10 contracts

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility Agreement (Globus Maritime LTD), Facility Agreement (Navios Maritime Partners L.P.)

Status. (a) It is a limited liability corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 8 contracts

Sources: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of the jurisdiction of its jurisdiction of incorporation.; and (b) It and each member of its Subsidiaries the Group has the power to own its assets and carry on its business as it is being conducted.

Appears in 8 contracts

Sources: Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility Agreement (Scottish Power PLC)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 7 contracts

Sources: Facility Agreement, Securities Account Pledge Agreement (WP Prism Inc.), Facility Agreement (Mayne Group LTD)

Status. (aA) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (bB) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 7 contracts

Sources: Loan Agreement (Kosmos Energy Ltd.), Loan Agreement (Kosmos Energy Ltd.), Deed of Amendment and Restatement (Kosmos Energy Ltd.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted. (c) It is not a FATCA FFI or a US Tax Obligor.

Appears in 7 contracts

Sources: Facility Agreement (OI S.A. - In Judicial Reorganization), Facility Agreement, Facility Agreement

Status. (a) It is a corporation, duly incorporated organised and validly existing under the law laws and regulations of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 7 contracts

Sources: Acquisition Facilities Agreement (Cemex Sa De Cv), Acquisition Facilities Agreement (Cemex Sa De Cv), Facilities Agreement (Cemex Sab De Cv)

Status. (a) It is a corporation, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries Transaction Obligor has the power to own its assets and carry on its business as it is being conducted.

Appears in 6 contracts

Sources: Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)

Status. (a) It is a corporationcorporation or limited liability company, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 6 contracts

Sources: Facility Agreement (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc)

Status. (a) It is a corporation, duly incorporated and validly existing (and to the extent applicable, in good standing) under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 6 contracts

Sources: Bpifae Facility Agreement (Globalstar, Inc.), Second Lien Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 6 contracts

Sources: Facility Agreement (NORDIC AMERICAN TANKERS LTD), Term Loan Facility Agreement (Affinia Group Intermediate Holdings Inc.), Facility Agreement (DHT Holdings, Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and and, in the case of the Borrower, each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 5 contracts

Sources: Single Currency Revolving Facility Agreement (StoneX Group Inc.), Revolving Facility Agreement (StoneX Group Inc.), Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 5 contracts

Sources: Facility Agreement (Shanda Games LTD), Facility Agreement (Oil States International, Inc), Subscription Agreement (WMC Resources Inc)

Status. (a) It is a corporationcompany, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 5 contracts

Sources: Facility Agreement (Car Tech, LLC), Facility Agreement (Madeleine Charging B.V.), Loan Agreement

Status. (a) It is a corporationcorporation or limited partnership, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 4 contracts

Sources: Facilities Agreement (Sappi LTD), Term Loan Facility Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

Status. (a) It is a corporationbody corporate, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has full legal capacity and the power to own its assets and carry on its business as it is being conducted.

Appears in 4 contracts

Sources: Senior Loan Note Subscription Agreement (Tritium DCFC LTD), Senior Loan Note Subscription Agreement (Tritium DCFC LTD), Senior Loan Note Subscription Agreement (Tritium DCFC LTD)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporationincorporation subject to Clause 22.7 (Merger). (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conductedconducted save to the extent otherwise permitted by the terms of this Agreement.

Appears in 4 contracts

Sources: Multicurrency Revolving Facility Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Facilities Agreement (Luxottica Group Spa)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted. (c) It is not a FATCA FFI or a US Tax Obligor.

Appears in 4 contracts

Sources: Facility Agreement (Diodes Inc /Del/), Facility Agreement, Facility Agreement (Pacific Alliance Group LTD)

Status. (a) It is a corporation, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 4 contracts

Sources: Subordinated Facility Agreement (Diana Shipping Inc.), Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Containerships Inc.)

Status. (ai) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Heads of Terms Agreement (GoodBulk Ltd.), Collateral Security Agreement, Pledge Agreement (Kronos International Inc)

Status. (aA) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bB) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Guarantee Agreement, Guarantee Agreement, Guarantee Agreement

Status. (aA) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bB) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Supplemental Security Agreement (Freeline Therapeutics Holdings PLC), Security Agreement (Freeline Therapeutics Holdings PLC), Facility Agreement

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its the Designated Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Pre Export Finance Agreement (Votorantim Pulp & Paper Inc), Pre Export Finance Agreement (Votorantim Pulp & Paper Inc), Pre Export Finance Agreement (Votorantim Pulp & Paper Inc)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries Group Company has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Multicurrency Revolving Credit Agreement (Abb LTD), Amendment and Restatement Agreement (Abb LTD), Limited Liability Partnership Agreement (Abb LTD)

Status. (a) It is a corporation, duly incorporated and validly existing (and, with respect to any Obligor formed in the U.S., in good standing) under the law of its jurisdiction of incorporationincorporation or formation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 3 contracts

Sources: Supplemental Agreement (Innospec Inc.), Multicurrency Revolving Facility Agreement (Innospec Inc.), Facilities Agreement (Innospec Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conductedconducted except to the extent that failure to have such power could not reasonably be expected to have a Guarantor Material Adverse Effect.

Appears in 3 contracts

Sources: Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its the jurisdiction of incorporationin which it is incorporated. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Salam Contract, Bai Al Sil’ah Bi Naqd Contract

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)

Status. (a) It is a corporationcorporation duly organized, duly incorporated and validly existing and in good standing under the law of its jurisdiction of incorporation. (b) It has all requisite corporate, power and each of its Subsidiaries has the power authority, including, without limitation, all Governmental Authorizations to own its assets and carry on its business as it is being now conducted and as proposed to be conducted.

Appears in 2 contracts

Sources: Term Loan Facility Agreement (Mittal Steel USA ISG Inc), Term Loan Facility Agreement (Mittal Steel USA ISG Inc)

Status. (ai) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: First Amendment and Restatement Agreement (MIE Holdings Corp), Series a Preferred Shares Subscription and Put Option Agreement (MIE Holdings Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its the Material Subsidiaries has have the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its the Restricted Subsidiaries has the corporate power to own its assets and carry on its business as it is being conducted. (c) For the purposes of Part 2 of the Overseas Companies Regulations 2009 it has not registered any UK establishment.

Appears in 2 contracts

Sources: Loan Agreement (Harry Winston Diamond Corp), Facility Agreement (Harry Winston Diamond Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business in all material respects as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement (Nordic Telephone CO ApS), Facility Agreement (Nordic Telephone CO ApS)

Status. (a) It is a corporation, limited liability company or limited partnership, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Amending Agreement (Sappi LTD), Facility Agreement (Sappi LTD)

Status. (a) It is a corporationcompany, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Credit Facility Agreement (Valentia Telecommunications), Credit Facility Agreement (Valentia Telecommunications)

Status. (aA) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bB) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)

Status. (a) It is a limited liability corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporationincorporation and registration. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Senior Secured Credit Facilities Agreement, Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries Material Companies has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Bridge Facility Agreement (SBS Broadcasting S A), Secured Facility Agreement (SBS Broadcasting S A)

Status. (aA) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bB) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted. (C) It is an Eligible Lender.

Appears in 2 contracts

Sources: Guarantee Agreement, Emfs Guarantee

Status. (a) It is a corporation, duly incorporated and validly existing (and, with respect to any U.S. Obligor, in good standing) under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Facilities Agreement (Octel Corp), Amendment and Restatement Agreement (Octel Corp)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Status. (a) It is a company or corporation, duly incorporated and incorporated. validly existing and (where applicable) in good standing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries (if any) has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (McDermott International Inc)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business in all material respects as it is being conducted.

Appears in 2 contracts

Sources: Facility Agreement (Aluminum Corp of China), Senior Secured Facility Agreement (Aluminum Corp of China)

Status. (ai) It is a corporation, corporation duly incorporated organized and validly existing under the law laws of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power corporate power, legal right and authority to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Notes Facility and Security Agreement, Notes Facility and Security Agreement (Melco Crown Entertainment LTD)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its the business as which it is being conductedconducts.

Appears in 2 contracts

Sources: Sponsor Support Agreement, Sponsor Support Agreement (Las Vegas Sands Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries which is a Material Company has the power to own its assets and carry on its business as it is being conducted. (c) It is not a FATCA FFI or a U.S. Tax Obligor.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)

Status. (ai) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Third Amendment Agreement (Kronos International Inc), Fifth Amendment Agreement (Kronos International Inc)

Status. (a) It is a company or corporation, duly incorporated and incorporated, validly existing and (where applicable) in good standing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 2 contracts

Sources: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Concession Agreement

Status. (a) It is a corporationan entity, duly incorporated organised and validly existing under the law of its jurisdiction of incorporationorganisation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted. (c) the Company is in good standing under the laws of the jurisdiction of its organisation.

Appears in 1 contract

Sources: Facility Agreement (Sigma Aldrich Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business substantially as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (Rio Tinto PLC)

Status. (ai) It is a corporation, company duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Aircraft Sale and Purchase Agreement (Air T Inc)

Status. (a) It is a corporation, corporation duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Holdings Inc.)

Status. (a) It is a corporationcompany, duly incorporated and validly existing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) Each of its Subsidiaries is a company, duly incorporated and validly existing under the law of its governing jurisdiction. (c) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Pre Export Financing Agreement (Sigma Lithium Corp)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporationincorporation or, in the case of each U.S. Obligor only, it is an entity duly organised and validly existing under the laws of its jurisdiction of formation. (b) It and each of its Subsidiaries which is a Material Subsidiary has the power to own its assets and carry on its business in all material respects as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (Enodis PLC)

Status. (a) It is a corporation, duly incorporated and validly existing (and where applicable) in good standing under the law of its jurisdiction of incorporation, in each case with perpetual corporate existence and the power to ▇▇▇ and be sued. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Facility Agreement (DHT Holdings, Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its Original Jurisdiction. (b) Each of its Subsidiaries is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bc) It and each of its Subsidiaries has the power to: (i) own or hold under lease and operate the assets it purports to own or hold under lease; and (ii) own its assets and carry on its business as it is being conducted and as currently proposed to be conducted.

Appears in 1 contract

Sources: Secured Revolving Facility Agreement (Klondex Mines LTD)

Status. (a) It is a corporationcorporation or company, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (Markit Ltd.)

Status. (a) It is a corporation, duly incorporated and validly existing corporation under the law laws of the jurisdiction of its jurisdiction of incorporation.; and (b) It and each member of its Subsidiaries the Group has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term and Revolving Credit Facility (Powergen PLC)

Status. (a) It is a corporationcompany, duly incorporated organised and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and to carry on its business as it is being conducted.

Appears in 1 contract

Sources: Subordination Deed (Golden Telecom Inc)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted, except for defects in ownership, title or property the absence of which individually or in aggregate would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Facility Agreement (WABCO Holdings Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law laws of the jurisdiction of its jurisdiction of incorporationincorporation and is in good standing. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the other Material Companies have the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Loan Facility Agreement (Evraz Group S.A.)

Status. (a) It is a corporationcorporation with limited liability, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries Transaction Obligor has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Facility (Pyxis Tankers Inc.)

Status. (a) It is a corporationcorporation or company, duly incorporated incorporated, registered and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Bridge Facilities Agreement (CMB.TECH Nv)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business in all material respects as it is being conducted.

Appears in 1 contract

Sources: Guarantee (Ugi Corp /Pa/)

Status. (a) It is a corporation, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries (if any) has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (TRM Corp)

Status. (a) It is a corporationlimited liability company, duly incorporated and validly existing under the law laws of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries Subsidiaries, if any, has the power to own its assets and carry on its business as it is being conducted. (c) The Borrower is the legal and beneficial owner of all the share capital of each of the other Obligors.

Appears in 1 contract

Sources: Facility Agreement (Global Ship Lease, Inc.)

Status. (ai) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation.; and (bii) It and each of its Subsidiaries it has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Implementation Agreement (FWD Group Holdings LTD)

Status. (ai) It is a corporation, duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Credit Agreement (Fleetcor Technologies Inc)

Status. (a) It is a corporationcorporation or company, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (CTC Media, Inc.)

Status. (a) It is a limited liability corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It has (and each of its Subsidiaries has has) the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Receivables Financing Agreement (Best Buy Co Inc)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has have the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Agreement (Cascade Corp)

Status. (aA) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bB) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Facilities Agreement (Shire PLC)

Status. (a) It In the case of each Corporate Obligor, it is a corporation, duly incorporated or established and validly existing and in good standing (if applicable) under the law laws of its jurisdiction of incorporationincorporation or establishment. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conductedconducted save to the extent that failure to do so could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Facility Agreement (China Nuokang Bio-Pharmaceutical Inc.)

Status. (a) It is a corporation, duly incorporated and incorporated, validly existing under the law laws of its the jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business in all material respects as it is being conducted. (c) It is acting as principal for its own account and not as agent or trustee in any capacity on behalf of any person in relation to the Finance Documents.

Appears in 1 contract

Sources: Facility Agreement (Huang Jianjun)

Status. (a) It is a corporation, corporation duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (Reuters Group PLC /Adr/)

Status. (a) It is a corporation, duly incorporated and incorporated, validly existing and in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (SIBO HOLDING LTD)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being being, and is proposed to be, conducted.

Appears in 1 contract

Sources: Senior Term Facility Agreement (SemGroup Corp)

Status. (a) It is a corporation, corporation duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporationOriginal Jurisdiction. (b) It and each of its Subsidiaries Transaction Obligor has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.)

Status. (a) It is a corporation, corporation duly incorporated and validly existing under the law laws of its jurisdiction of incorporation. (b) It and each of its Material Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Credit Facility (Mittal Steel Co N.V.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as in each jurisdiction in which it is being conductedowns assets or carries on business.

Appears in 1 contract

Sources: Revolving Facility Agreement (Alpha Beta Netherlands Holding N.V.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power and authority to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (Mobifon Holdings Bv)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction country of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Facility Agreement (Sesa Sterlite LTD)

Status. (a) It is a corporationcompany, duly incorporated and validly existing in good standing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries (if any) has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of its incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Amendment and Restatement Agreement

Status. (ai) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (bii) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Framework Agreement (Micron Technology Inc)

Status. (a) It is a corporation, duly incorporated and validly existing under the law of its jurisdiction of incorporation. (b) It and each of its Subsidiaries has the power to own its assets and carry on its business as it is being conducted. (c) It is not insolvent.

Appears in 1 contract

Sources: Multicurrency Revolving Credit and Guarantee Facility Agreement (Acergy S.A.)

Status. (a) It is a corporation, duly incorporated incorporated, in good standing (if applicable) and validly existing under the law laws of its jurisdiction of incorporationOriginal Jurisdiction. (b) It Each of it and each of its Subsidiaries the Group Members has the power to own its assets and carry on its business as it is being conducted.

Appears in 1 contract

Sources: Senior Facilities Agreement (OneSmart International Education Group LTD)