Common use of Existence and Authorization Clause in Contracts

Existence and Authorization. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all necessary power and authority to execute, deliver and perform the Company’s obligations under this Agreement and all agreements, instruments and documents contemplated hereby. This Agreement constitutes a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as may be limited by bankruptcy, insolvency or other equitable remedies.

Appears in 3 contracts

Sources: Class a Common Stock Repurchase Agreement (Jackson Financial Inc.), Class a Common Stock Repurchase Agreement (Jackson Financial Inc.), Class a Common Stock Repurchase Agreement (Jackson Financial Inc.)