Common use of Due Incorporation and Authority Clause in Contracts

Due Incorporation and Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and lawful authority to own, lease and operate its Properties and to carry on its business as is presently being conducted.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Metromedia International Group Inc), Agreement and Plan of Merger (Metromedia International Group Inc)

Due Incorporation and Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and lawful authority to own, lease and operate its Properties properties and to carry on its business as is presently now being and as heretofore conducted.

Appears in 1 contract

Sources: Stock Purchase Agreement (Triarc Companies Inc)

Due Incorporation and Authority. The Company is a corporation duly ------------------------------- organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and lawful authority to own, lease and operate its Properties properties and to carry on its business as is presently now being and heretofore conducted.

Appears in 1 contract

Sources: Recapitalization Agreement (Icf Kaiser International Inc)

Due Incorporation and Authority. The Company is a corporation duly ------------------------------- organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and lawful authority to own, lease and operate its Properties and to carry on its business as is presently being conducted.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Metro-Goldwyn-Mayer Inc)

Due Incorporation and Authority. The Company is a corporation company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and lawful authority to own, lease and operate its Properties properties and to carry on its business as is presently now being conducted.heretofore conducted or as contemplated by the various agreements between the Parties. EXHIBIT 12, P. 1 OF 14 AGREEMENT FOR WHOLESALE TELEPHONE EXCHANGE SERVICES, Z-NODE SERVICES, ANCILLARY SERVICES AND TECHNOLOGY LICENSE

Appears in 1 contract

Sources: Wholesale Telephone Exchange Services Agreement (Z Tel Technologies Inc)