Common use of Due Organisation Clause in Contracts

Due Organisation. It is a company duly organised or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder and all corporate and (subject to paragraphs (d) and (e) of the definition of Reservations) other action required to authorise its execution of those of the Finance Documents to which it is party and its performance of its obligations have been duly taken.

Appears in 7 contracts

Samples: Lease Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Lease Agreement (Virgin Media Investment Holdings LTD)

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Due Organisation. (a) It is a company corporation duly organised or a partnership duly formed, in either case, validly existing incorporated under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder under them and all corporate and (subject to paragraphs (d) and (e) of the definition of Reservations) other action required to authorise its execution of those of the Finance Documents to which it is party and its performance of its obligations have under them has been duly taken.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Corporate Express N.V.), Agreement (Buhrmann Nv), Senior Facilities Agreement (Buhrmann Nv)

Due Organisation. It is a company duly organised or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Relevant Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder and all corporate and (subject to paragraphs paragraph (d) and (ec) of the definition of Reservations) other action required to authorise its execution of those of the Relevant Finance Documents to which it is party and its performance of its obligations have been duly taken.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), VMWH LTD

Due Organisation. It is a company duly organised organised, or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power and authority to enter into those of the Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder and all corporate and (subject to paragraphs (d) and (e) of the definition of Reservations) other action required to authorise its execution of those of the Finance Documents to which it is party and its performance of its obligations have been duly taken.

Appears in 2 contracts

Samples: Agreement (Telewest Global Inc), Agreement (Telewest Global Inc)

Due Organisation. (a) It is a company corporation duly organised or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Finance Transaction Documents to which it is party and to exercise its rights and perform its obligations thereunder under them and all corporate and (subject to paragraphs (d) and (e) of the definition of Reservations) other action required to authorise its execution of those of the Finance such Transaction Documents to which it is party and its performance of its obligations have under them has been duly taken.

Appears in 1 contract

Samples: Agreement (Ship Finance International LTD)

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Due Organisation. It is a company duly organised or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Relevant Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder and all corporate and (subject to paragraphs paragraph (d) and (ec) of the definition of Reservations) other action required to authorise its execution of those of the Relevant Finance Documents to which it is party and its performance of its obligations have been duly taken.. 105

Appears in 1 contract

Samples: Agreement (Virgin Media Inc.)

Due Organisation. It is a company or partnership duly organised or a partnership duly formed, in either case, validly existing under the laws of its jurisdiction of incorporation or establishment with power to enter into those of the Finance Documents to which it is party and to exercise its rights and perform its obligations thereunder and all corporate and (subject to paragraphs (d) and (e) of the definition of Reservations) other action required to authorise its execution of those of the Finance Documents to which it is party and its performance of its obligations have been duly taken.

Appears in 1 contract

Samples: Agreement (NTL Inc)

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