Each Borrower is a corporation duly organized, validly existing and in good standing under the laws of Colorado, having all powers necessary to carry on its businesses and to enter into and consummate the transactions contemplated by the Loan Documents. Each Borrower is duly qualified, in good ...
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In addition, the Company recorded significant operating losses on sales financing operations in North America. After DaimlerChrysler announced the cessation of financial support toward the end of April 2004, Mr. Rolf Eckrodt resigned from his position as President and CEO and I took over as the ...