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 its state of incorporation or formation and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 48 contracts

Samples: Private Placement Warrants Purchase Agreement (Roman DBDR Acquisition Corp. II), Private Placement Warrants Purchase Agreement (Roman DBDR Acquisition Corp. II), Private Placement Warrants Purchase Agreement (Dynamix Corp)

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

Appears in 23 contracts

Samples: Private Placement Units Purchase Agreement (K&f Growth Acquisition Corp. Ii), Private Placement Units Purchase Agreement (K&f Growth Acquisition Corp. Ii), Private Placement Units Purchase Agreement (Aldel Financial II Inc.)

Organization and Authority. The Subscriber is duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporation or formation organization and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 13 contracts

Samples: Private Placement Warrant Subscription Agreement (AltEnergy Acquisition Corp), Private Placement Warrant Subscription Agreement (AltEnergy Acquisition Corp), Private Placement Warrant Subscription Agreement (AltEnergy Acquisition Sponsor LLC)

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

Appears in 5 contracts

Samples: Unit Subscription Agreement (EVe Mobility Acquisition Corp), Unit Subscription Agreement (EVe Mobility Acquisition Corp), Unit Subscription Agreement (EVe Mobility Acquisition Corp)

Organization and Authority. Subscriber Each of Subscribers is duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporation or formation and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Private Placement Units Purchase Agreement (Jupiter Wellness Acquisition Corp.), Private Placement Units Purchase Agreement (Jupiter Wellness Acquisition Corp.), Private Placement Units Purchase Agreement (Deep Medicine Acquisition Corp.)

Organization and Authority. In the case of entity, Subscriber is duly organized, validly existing and in good standing under the laws of its state of incorporation or formation organization and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement. In the case of an individual, Subscribe has the requisite capacity to enter into this Agreement and to carry out the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Private Units Purchase Agreement (Larkspur Health Acquisition Corp.), Private Units Purchase Agreement (Larkspur Health Acquisition Corp.)

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

Appears in 2 contracts

Samples: Unit Subscription Agreement (Phoenix Biotech Acquisition Corp.), Unit Subscription Agreement (Phoenix Biotech Acquisition Corp.)

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Organization and Authority. Subscriber is an entity duly organized, validly existing and in good standing under the laws of its state of incorporation or formation organization and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Warrant Subscription Agreement (57th Street General Acquisition Corp), Warrant Subscription Agreement (57th Street General Acquisition Corp)

Organization and Authority. Subscriber is duly organized, validly existing and in good standing under the laws of its the state of incorporation or formation 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 (Newcourt Acquisition Corp)

Organization and Authority. Subscriber Each of the Subscribers is duly organized, validly existing and in good standing under the laws of its state of incorporation or formation and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Private Placement Warrants Purchase Agreement (Melar Acquisition Corp. I/Cayman)

Organization and Authority. Subscriber is a corporation duly organized, validly existing and in good standing under the laws of its state Republic of incorporation or formation Xxxxxxxx Islands and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Securities Subscription Agreement (Nautilus Marine Acquisition Corp)

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