Common use of Due Formation Clause in Contracts

Due Formation. It is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the jurisdiction of its incorporation, with full power and authority to own and operate and to carry on its business in the places and in the manner as currently conducted.

Appears in 26 contracts

Sources: Securities Purchase Agreement (Antelope Enterprise Holdings LTD), Securities Purchase Agreement (Akso Health Group), Securities Purchase Agreement (Phoenix Motor Inc.)

Due Formation. It is a company duly incorporated as an exempted a company with limited liability, validly existing and in good standing under the laws of the jurisdiction of its incorporation, with full power and authority to own and operate and to carry on its business in the places and in the manner as currently conducted.

Appears in 2 contracts

Sources: Purchase Agreement (Solar Power, Inc.), Purchase Agreement (Solar Power, Inc.)

Due Formation. It is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the jurisdiction of its incorporation, with full power and authority to own and operate and to carry on its business in the places and in the manner as currently conducted.

Appears in 1 contract

Sources: Purchase Agreement (Solar Power, Inc.)