Common use of Due Organization; Subsidiaries Clause in Contracts

Due Organization; Subsidiaries. Parent is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of New York. Each of Parent and Merger Sub has all requisite corporate power and authority: (i) to conduct its business in the manner in which its business is currently being conducted and (ii) to own and use its assets in the manner in which its assets are currently owned and used.

Due Organization; Subsidiaries. Parent is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of New YorkMassachusetts. Each of Parent and Merger Sub has all requisite corporate necessary power and authority: (ia) to conduct its business in the manner in which its business is currently being conducted and conducted; (iib) to own and use its assets in the manner in which its assets are currently owned and used; and (c) to perform its obligations under all Contracts by which it is bound.

Due Organization; Subsidiaries. Parent is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State Commonwealth of New YorkMassachusetts. Each of Parent and Merger Sub has all requisite corporate necessary power and authority: (ia) to conduct its business in the manner in which its business is currently being conducted conducted; and (iib) to own and use its assets in the manner in which its assets are currently owned and used.