Common use of Due Organization, etc Clause in Contracts

Due Organization, etc. Each of the Parent and the Merger Sub is a corporation duly organized and validly existing under the laws of the jurisdiction of its incorporation or organization. Each of the Parent and Merger Sub has all necessary corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement by the Parent and the Merger Sub have been duly authorized by all necessary action on the part of the Parent and the Merger Sub.

Due Organization, etc. Each of the Parent and the Merger Sub is a corporation are each duly organized and organized, validly existing and in good standing under the laws of the jurisdiction their respective jurisdictions of its incorporation or organizationincorporation. Each of the Parent and Merger Sub has have all necessary requisite corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated by this Agreement by the Parent and the Merger Sub have been duly authorized by all necessary action on the part and constitutes a valid and binding obligation of the Parent and the Merger Sub.