Common use of Due Organization and Power Clause in Contracts

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer has all requisite corporate power, legal right and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Paperweight Development Corp), Stock Purchase Agreement (Paperweight Development Corp)

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer the State of Delaware and has all requisite corporate power, legal right power and authority to enter into this Agreement and perform its obligations hereunder. Buyer has heretofore made available to Appleton true and complete copies of its certificate of incorporation and bylaws as currently in effect (the other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out Organizational Documents”). Buyer is not in violation of any of the transactions contemplated hereby and therebyprovisions of the Buyer Organizational Documents.

Appears in 2 contracts

Sources: Cross Purchase Agreement (Hicks Acquisition CO II, Inc.), Cross Purchase Agreement (Paperweight Development Corp)

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing incorporated under the laws of Delaware. Buyer the State of Delaware and has all the requisite corporate power, legal right power and authority to enter into this Agreement and conduct its current business. ▇▇▇▇▇ is duly qualified to do business in each jurisdiction where the other documents and instruments conduct of the business of Buyer requires such qualification, except in such jurisdictions where the failure to be executed and delivered by Buyer pursuant hereto and so qualified would not reasonably be expected to carry out prevent, or result in any delay in the consummation of, the transactions contemplated hereby and therebyhereby.

Appears in 1 contract

Sources: Purchase Agreement (Sealed Air Corp/De)

Due Organization and Power. Buyer is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of Delaware. Buyer B▇▇▇▇ has all requisite corporate power, legal right and other power and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and therebyperform its obligations hereunder.

Appears in 1 contract

Sources: Asset Purchase Agreement (Vascular Biogenics Ltd.)

Due Organization and Power. Buyer is a corporation limited liability company duly organizedformed, validly existing and in good standing standing, under the laws of the State of Delaware. Buyer has all the requisite corporate power, legal right power and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby business in which it is engaged and therebyto own and use the properties owned and used by it.

Appears in 1 contract

Sources: Limited Liability Company Unit Purchase and Sale Agreement (American Midstream Partners, LP)

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. , U.S.A. Buyer has all requisite corporate power, legal right and authority to enter into this Agreement and the other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Sources: Master Purchase Agreement (Manitowoc Co Inc)

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws Laws of the State of Delaware. Buyer ▇▇▇▇▇ has all requisite corporate power, legal right and authority to enter into execute and deliver this Agreement and the other documents and instruments Related Agreements to which it is a party to be executed and delivered by Buyer pursuant hereto ▇▇▇▇▇ and to carry out the transactions contemplated hereby and therebyContemplated Transactions.

Appears in 1 contract

Sources: Stock Purchase Agreement (Techprecision Corp)

Due Organization and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws Laws of the State of Delaware. Buyer has all requisite corporate organizational power, legal right and authority to enter into execute and deliver this Agreement and the other documents and instruments Related Agreements to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Sources: Securities Purchase Agreement (Sensata Technologies Holding PLC)

Due Organization and Power. Buyer is a corporation duly organizedorganized or incorporated, validly existing and in good standing under the laws of Delaware. Buyer has all requisite corporate power, legal right and authority (corporate and other) to enter into this Agreement and the other documents and instruments to be executed and delivered by Buyer pursuant hereto Transaction Documents and to carry out the transactions contemplated hereby and therebyTransaction.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Blade Air Mobility, Inc.)