Due Organization and Corporate Power. Holdings is a corporation duly (a) organized, validly existing and in good standing under the laws of the State of Delaware. Holdings has all requisite corporate power and authority and all material licenses, permits and authorizations necessary to own and operate its properties, to carry on its business as presently conducted.
Due Organization and Corporate Power. (a) The Company and each of its Subsidiaries is a juridical entity duly organized and validly existing under the Laws of the jurisdiction in which it is organized and has all necessary power and authority to:
(i) conduct its business in the manner in which its business is currently being conducted; and,
(ii) own and use its properties and assets in the manner in which its properties and assets are currently owned and used.
Due Organization and Corporate Power. Each of the Verizon Selling Shareholders is a corporation duly incorporated and validly existing under the laws of the jurisdiction in which it is incorporated and has the requisite corporate power and authority to carry on its business as now being conducted. Each of the Verizon Selling Shareholders is duly qualified or licensed to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed would not reasonably be expected to have, individually or in the aggregate, a Verizon Selling Shareholders Material Adverse Effect.
Due Organization and Corporate Power. Vodafone is a limited liability company duly organized and validly existing under the laws of The Netherlands and has the requisite corporate power and authority to carry on its business as now being conducted. Vodafone is duly qualified or licensed to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed would not reasonably be expected to have, individually or in the aggregate, a Vodafone Material Adverse Effect.
Due Organization and Corporate Power. Parent is a corporation duly incorporated and validly existing under the laws of the United Mexican States and has the requisite corporate power and authority to carry on its business as now being conducted. Sub, a wholly owned Subsidiary of Parent, is a corporation duly incorporated and validly existing under the laws of the United Mexican States and has the requisite corporate power and authority to carry on its business as now being conducted. Each of Parent and Sub is duly qualified or licensed to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed would not reasonably be expected to have, individually or in the aggregate, a Purchasers Material Adverse Effect.
Due Organization and Corporate Power. Guarantor is a corporation duly incorporated and validly existing under the laws of Delaware, and has the requisite corporate power and authority to carry on its business as now being conducted;
Due Organization and Corporate Power. Insurer is a life insurance company duly organized, validly existing, and licensed under the laws of the State of Iowa. Insurer has all requisite power and authority to enter into and carry out its obligations under this Agreement and to perform the transactions to be undertaken by Insurer hereunder.
Due Organization and Corporate Power. Plan Sponsor is a corporation duly organized, validly existing, and licensed under the laws of the State (or Commonwealth, where applicable) of Texas. Plan Sponsor has all requisite power and authority to enter into and carry out its obligations under this Agreement and to perform the transactions to be undertaken by Plan Sponsor hereunder.
Due Organization and Corporate Power. The Company is a limited liability company duly organized and validly existing under the laws of the State of Texas. True, correct and complete copies of the certificate of formation and the limited liability company agreement of the Company, as amended to the date of this Agreement, have been made available to the Purchaser. The Company is duly qualified or licensed to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed would not have, individually or in the aggregate, a Company Material Adverse Effect.
Due Organization and Corporate Power. The Purchaser is a corporation duly incorporated and validly existing under the laws of Nevada and has the requisite corporate power and authority to carry on its business as now being conducted. The Purchaser is duly qualified or licensed to do business in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed would not have, individually or in the aggregate, a Purchaser Material Adverse Effect.
