Common use of Due Organization; Qualification Clause in Contracts

Due Organization; Qualification. If the Stockholder is an entity, the Stockholder is duly formed under the laws of its jurisdiction of organization and is validly existing and in good standing under the laws thereof.

Appears in 4 contracts

Samples: Agreement Not to Dissent (Noble Energy Inc), Agreement Not to Dissent (Clayton Williams Energy Inc /De), Agreement Not to Dissent (Noble Energy Inc)

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Due Organization; Qualification. If the such Stockholder is an entity, the such Stockholder is a duly formed or incorporated under the laws of its jurisdiction of organization formation or incorporation and is validly existing and in good standing under the laws thereof.

Appears in 2 contracts

Samples: Support Agreement (Quintana Energy Services Inc.), Support Agreement (KLX Energy Services Holdings, Inc.)

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