Common use of Existence; Good Standing; Corporate Authority Clause in Contracts

Existence; Good Standing; Corporate Authority. Each of Purchaser and Merger Sub is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Procter & Gamble Co), Agreement and Plan of Merger (Procter & Gamble Co), Agreement and Plan of Merger (Tambrands Inc)

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Existence; Good Standing; Corporate Authority. Each of Purchaser and --------------------------------------------- Merger Sub is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority would not materially adversely affect the ability of Purchaser or Merger Sub to consummate the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Stimsonite Corp), Agreement and Plan of Merger (Avery Dennison Corporation), Agreement and Plan of Merger (Quad-C Inc)

Existence; Good Standing; Corporate Authority. Each of Purchaser and --------------------------------------------- Merger Sub is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of its jurisdiction of incorporationorganization and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority would not materially adversely affect the ability of Purchaser or Merger Sub to consummate the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Hughes Electronics Corp), Agreement and Plan of Merger (Telocity Delaware Inc), Agreement and Plan of Merger (Telocity Delaware Inc)

Existence; Good Standing; Corporate Authority. Each of Purchaser and Merger Sub is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority individually or in the aggregate would not materially adversely affect the Purchaser and Merger Sub, taken as a whole.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Community Health Systems Inc/), Agreement and Plan of Merger (Summit Petroleum Corp)

Existence; Good Standing; Corporate Authority. Each of Purchaser and Merger Sub is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporationincorporation and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority individually or in the aggregate would not materially adversely affect the ability of Purchaser or Merger Sub to consummate the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GKN Powder Metallurgy Inc), Agreement and Plan of Merger (Sinter Metals Inc)

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Existence; Good Standing; Corporate Authority. Each of Purchaser --------------------------------------------- and Merger Sub is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Raster Graphics Inc)

Existence; Good Standing; Corporate Authority. Each of Purchaser and Merger Sub is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of its jurisdiction of incorporationorganization and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority would not materially adversely affect or delay the ability of Purchaser or Merger Sub to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Uproar Inc)

Existence; Good Standing; Corporate Authority. Each of Purchaser and Merger Sub is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of its jurisdiction of incorporationorganization and has all requisite corporate power and authority to own, operate and lease its properties and carry on its business as now conducted, except where the failure to have such power and authority would not materially adversely affect the ability of Purchaser or Merger Sub to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Iii 5 Agreement and Plan of Merger (Telelogic Ab)

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