Common use of Target Entities Clause in Contracts

Target Entities. Each Target Entity: (a) is duly incorporated under the laws of the place of its incorporation; (b) has the power to own its assets and carry on the Business as it is being carried on at Completion; (c) is duly registered and authorised to do business in those jurisdictions that, by the nature of its business and assets, makes registration or authorisation necessary; and (d) has conducted the Business in compliance with the constitution or other constituent documents of that Target Entity.

Appears in 2 contracts

Sources: Share Sale Agreement, Share Sale Agreement (Acco Brands Corp)

Target Entities. Each Target Entity: (a) is duly incorporated under the laws of the place of its incorporation; (b) has the power to own its assets and carry on the Business as it is being carried on at Completion; (c) is duly registered and authorised to do business in those jurisdictions thatwhich, by the nature of its business and assets, makes registration or authorisation necessary; and (d) has conducted the Business in compliance with the constitution or other constituent documents of that Target Entity.

Appears in 2 contracts

Sources: Share Sale Agreement, Share Sale Agreement (Homeaway Inc)

Target Entities. (a) Each Target Entity: : (a1) is duly incorporated under the laws of the place of its incorporation; ; (b2) has full legal capacity and the power to own its assets and carry on the Business as it is being carried on at Completion; (c) is duly registered and authorised to do business in those jurisdictions that, by the nature of its business and assets, makes registration or authorisation necessary; and (d) has conducted the Business in compliance with the constitution or other constituent documents of that Target Entity.

Appears in 1 contract

Sources: Share Sale Agreement (JELD-WEN Holding, Inc.)