Due Organization; Authority. It is a corporation or limited liability company duly organized and validly existing in good standing under the laws of the state of its incorporation or formation, as applicable, and has the power, authority and legal right to enter into and perform its obligations under the Definitive Agreements to which it is a party.
Appears in 2 contracts
Samples: Joint Venture Agreement (Toro Co), Joint Venture Agreement (Toro Co)
Due Organization; Authority. It is a corporation or limited liability company duly organized and validly existing in good standing under the laws of the state of its incorporation or formation, as applicable, and has the power, authority and legal right to enter into and perform its obligations under the Definitive Agreements to which it is a party.
Appears in 2 contracts
Samples: Joint Venture Agreement (Polaris Industries Inc/Mn), Joint Venture Agreement (Polaris Industries Inc/Mn)
Due Organization; Authority. It is a corporation or limited liability company duly organized and validly existing in good standing under the laws of the state of its incorporation or formation, as applicable, and has the power, authority and legal right to enter into and perform its obligations under the Definitive Agreements to which it is a party.. DocID: 4845-6044-0214.10
Appears in 1 contract
