Common use of Organization and Corporate Power Clause in Contracts

Organization and Corporate Power. The Company is formed and validly existing under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 8 contracts

Samples: Subscription Agreement (Lakeshore Acquisition II Corp.), Subscription Agreement (Lakeshore Acquisition II Corp.), Subscription Agreement (Lakeshore Acquisition II Corp.)

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Organization and Corporate Power. The Company is formed organized and validly existing and in good standing as an exempted company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 5 contracts

Samples: Warrant Purchase Agreement (Far Peak Acquisition Corp), Private Placement Warrants Purchase Agreement (Tristar Acquisition I Corp.), Private Placement Warrants Purchase Agreement (Tristar Acquisition I Corp.)

Organization and Corporate Power. The Company is formed incorporated and validly existing and in good standing as a corporation under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 3 contracts

Samples: Subscription Agreement (Europa Growth Acquisition Co), Subscription Agreement (Macondray Capital Acquisition Corp. I), Subscription Agreement (Macondray Capital Acquisition Corp. I)

Organization and Corporate Power. The Company is formed incorporated and validly existing and in good standing as an exempted company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 3 contracts

Samples: Transfer and Subscription Agreement (7 Acquisition Corp), Transfer and Subscription Agreement (7 Acquisition Corp), Subscription Agreement (Far Peak Acquisition Corp)

Organization and Corporate Power. The Company is formed a company duly incorporated and validly existing and in good standing as a corporation under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Appears in 2 contracts

Samples: Option Agreement (Sentinel Energy Services Inc.), Option Agreement (Sentinel Energy Services Inc.)

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Organization and Corporate Power. The Company is formed organized and validly existing and in good standing as an exempted company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 2 contracts

Samples: Subscription Agreement (Isos Acquisition Corp.), Subscription Agreement (Isos Acquisition Corp.)

Organization and Corporate Power. The Company is formed incorporated and validly existing and in good standing as a corporation organized as an exempted company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Subscription Agreement (LCP Acquisition Corp)

Organization and Corporate Power. The Company is formed a corporation duly incorporated and validly existing and in good standing as a corporation under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has no subsidiaries.

Appears in 1 contract

Samples: Forward Purchase Agreement (Medicus Sciences Acquisition Corp.)

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