Common use of Structure and Standing Clause in Contracts

Structure and Standing. Each party represents and warrants that it is duly organized as a series of a statutory trust, validly existing and in good standing under the laws of the State of Delaware, and has the power to own all of its properties and assets and conduct its business.

Appears in 12 contracts

Sources: Reorganization Agreement (Wt Mutual Fund), Agreement and Plan of Reorganization (Wt Mutual Fund), Reorganization Agreement (Wt Mutual Fund)

Structure and Standing. Each party represents and warrants that it is duly organized as a series of a statutory Delaware business trust, is validly existing and in good standing under the laws of the State of Delaware, and has the power to own all of its properties and assets and conduct its business.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Pic Investment Trust)