Common use of Due Incorporation, Subsidiaries; Etc Clause in Contracts

Due Incorporation, Subsidiaries; Etc. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate power and authority to conduct its business in the manner in which its business is currently being conducted. The Company is qualified to do business as a foreign corporation, and is in good standing, under the laws of all jurisdictions where the nature of its business requires such qualification, except where the failure to be so qualified or in such good standing is not likely to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (LightBeam Electric Co)

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Due Incorporation, Subsidiaries; Etc. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate power and authority to conduct its business in the manner in which its business is currently being conducted. The Company is qualified to do business as a foreign corporation, and is in good standing, under the laws of all jurisdictions where the nature of its business requires such qualification, except where the failure to be so qualified or in such good standing is not likely to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bionano Genomics, Inc.)

Due Incorporation, Subsidiaries; Etc. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate power and authority to conduct its business in the manner in which its business is currently being conducted. The Company is qualified to do business as a foreign corporation, and is in good standing, under the laws of all jurisdictions states where the nature of its business requires such qualification, except where the failure to be so qualified or in such good standing is has not likely to have had a Company Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PTC Therapeutics, Inc.)

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Due Incorporation, Subsidiaries; Etc. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all necessary corporate power and authority authority: (i) to conduct its business in the manner in which its business is currently being conducted. The Company ; (ii) to own, lease and use its properties and assets in the manner in which its properties and assets are currently owned, leased and used; and (iii) to perform its obligations under all Contracts by which it is qualified to do business as a foreign corporation, and is in good standing, under the laws of all jurisdictions where the nature of its business requires such qualification, except where the failure to be so qualified or in such good standing is not likely to have a Company Material Adverse Effectbound.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Onvia Inc)

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