Common use of Organization and Authority Clause in Contracts

Organization and Authority. Subscriber is duly organized, validly existing and in good standing under the laws of the State of Delaware and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 94 contracts

Samples: Private Placement Shares Purchase Agreement (Cantor Equity Partners I, Inc.), Placement Unit Subscription Agreement (Cohen Circle Acquisition Corp. I), Placement Unit Subscription Agreement (Cohen Circle Acquisition Corp. I)

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Organization and Authority. The Subscriber is duly organized, validly existing and in good standing under the laws of the State of Delaware and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 59 contracts

Samples: Sponsor Private Placement Units Purchase Agreement (GSR III Acquisition Corp.), Underwriter Private Placement Units Purchase Agreement (GSR III Acquisition Corp.), Sponsor Private Placement Units Purchase Agreement (GSR III Acquisition Corp.)

Organization and Authority. Subscriber is duly organized, validly existing and in good standing under the laws of the [State of Delaware Delaware] and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Unit Subscription Agreement (FinTech Acquisition Corp)

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Organization and Authority. The Subscriber is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware of the United States and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Electrum Special Acquisition Corp)

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