Common use of Organization and Corporate Power Clause in Contracts

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

Appears in 45 contracts

Samples: Subscription Agreement (Zapp Electric Vehicles Group LTD), Subscription Agreement (Zapp Electric Vehicles Group LTD), Subscription Agreement (Power & Digital Infrastructure Acquisition II Corp.)

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Organization and Corporate Power. The Company is a corporation duly incorporated and validly existing and in good standing as a corporation under the laws of the State of Delaware 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 42 contracts

Samples: Additional Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De), Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De), Additional Forward Purchase Agreement (Pershing Square SPARC Holdings, Ltd./De)

Organization and Corporate Power. The Company is incorporated and a corporation duly incorporated, validly existing and in good standing as a corporation under the laws of the State of Delaware and the Company has all requisite necessary corporate power and authority to carry on its business as presently conducted enter into this Agreement and as proposed to be conductedconsummate the transactions contemplated hereby.

Appears in 9 contracts

Samples: Sponsor Warrant Purchase Agreement (MAFS Acquisition Corp.), Warrant Purchase Agreement (Transformation Capital CORP), Insider Warrant Purchase Agreement (Open Acquisition Corp.)

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

Appears in 7 contracts

Samples: Forward Purchase Agreement (CEA Space Partners I Corp.), Forward Purchase Agreement (Berenson Acquisition Corp. I), Forward Purchase Agreement (DD3 Acquisition Corp. III)

Organization and Corporate Power. The Company is incorporated and validly existing and in good standing as a corporation under the laws of the State of Delaware 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: Subscription Agreement (USA Acquisition Corp.), Subscription Agreement (Siddhi Acquisition Corp.), Subscription Agreement (Rotor Acquisition Corp.)

Organization and Corporate Power. The Company is incorporated and a corporation duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware and has all requisite corporate power and authority to enter into and consummate the transactions contemplated by this Agreement and to carry on its business as presently conducted and as proposed to be conducted.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Tevogen Bio Holdings Inc.), Loan Agreement (Tevogen Bio Holdings Inc.), Securities Purchase Agreement (Tevogen Bio Holdings Inc.)

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

Appears in 4 contracts

Samples: Research, Collaboration & License Agreement (Passage BIO, Inc.), Research, Collaboration & License Agreement (Passage BIO, Inc.), Common Stock Issuance Agreement (Fibrocell Science, Inc.)

Organization and Corporate Power. The Company is has been duly incorporated and is validly existing and as a corporation in good standing as a corporation under the laws of Delaware and has all requisite General Corporation Law, with corporate power and authority to carry on own, lease and operate its properties and conduct its business as presently conducted and as proposed to be conducted.

Appears in 3 contracts

Samples: Put Option Agreement (Achari Ventures Holdings Corp. I), Put Option Agreement (VASO Corp), Put Option Agreement (Achari Ventures Holdings Corp. I)

Organization and Corporate Power. The Company is incorporated and duly incorporated, validly existing and in good standing as a corporation under the laws of Delaware 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 3 contracts

Samples: Forward Purchase Agreement (Terrapin 4 Acquisition Corp), Forward Purchase Agreement (Hennessy Capital Acquisition Corp IV), Forward Purchase Agreement (Hennessy Capital Acquisition Corp IV)

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

Appears in 3 contracts

Samples: Forward Purchase Agreement (Tortoise Acquisition Corp.), Forward Purchase Agreement (Tortoise Acquisition Corp.), Forward Purchase Agreement (Tortoise Acquisition Corp.)

Organization and Corporate Power. The Company is incorporated and a corporation duly incorporated, validly existing and in good standing as a corporation under the laws of Delaware the State of Delaware, and the Company has all requisite necessary corporate power and authority to carry on its business as presently conducted enter into this Agreement and as proposed to be conductedconsummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Sponsor Warrant Purchase Agreement (Sidhu Special Purpose Capital Corp.), Sponsor Unit Purchase Agreement (Sidhu Special Purpose Capital Corp.)

Organization and Corporate Power. The Company is a corporation duly incorporated and validly existing and in good standing as a corporation under the laws of the State of Delaware 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: Forward Purchase Agreement (Archer Aviation Inc.), Forward Share Purchase Agreement (GigCapital2, Inc.)

Organization and Corporate Power. The Company is incorporated and duly incorporated, validly existing and in good standing as a corporation under the laws of the State of Delaware 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: Forward Purchase Agreement (Lionheart Acquisition Corp. II), Forward Purchase Agreement (Lionheart Acquisition Corp. II)

Organization and Corporate Power. 2.1.1 The Company is incorporated a corporation duly incorporated, in good standing and validly existing and in good standing as a corporation under the laws of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conductedthe State of Delaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Color Imaging Inc), Stock Purchase Agreement (Color Imaging Inc)

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Organization and Corporate Power. The Company is a corporation duly incorporated and validly existing and in good standing as a corporation under the laws of Delaware 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: Forward Purchase Agreement (Pure Acquisition Corp.), Forward Purchase Agreement (Pure Acquisition Corp.)

Organization and Corporate Power. The Company is incorporated and validly existing incorporated, existing, and in good standing as a corporation under the laws of the State of Delaware 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 (PROOF Acquisition Corp I)

Organization and Corporate Power. The Company is incorporated and a corporation validly existing and in good standing as a corporation under the laws of Delaware and the State of Delaware. The Company has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and as proposed to be conducted, and to execute and deliver this Agreement and to perform its obligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (GTT Communications, Inc.)

Organization and Corporate Power. The Company is incorporated and a corporation duly incorporated, validly existing and in good standing as a corporation under the laws of the State of Delaware and The Company has all requisite the corporate power and authority to own and hold its properties, to carry on its business as presently currently conducted and as proposed to be conductedexecute, deliver and perform this Agreement. The Company has the corporate power and authority to issue and deliver the New Note.

Appears in 1 contract

Samples: Note Exchange Agreement (FriendFinder Networks Inc.)

Organization and Corporate Power. The Company is has been duly incorporated and is validly existing and in good standing as a corporation under the laws of Delaware and has all requisite corporate Delaware, with full power and authority to carry on conduct its business as presently it is currently being conducted and to own its assets; and has secured any authorizations, approvals, permits and orders required by law for the conduct by the Company of its business as proposed to be it is currently being conducted. The Company is not in violation or default of any of the provisions of the Certificate of Incorporation or other organizational documents.

Appears in 1 contract

Samples: Securities Subscription Agreement (Bally's Chicago, Inc.)

Organization and Corporate Power. The Company is incorporated and a corporation duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Subscription Agreement (Lime Energy Co.)

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

Appears in 1 contract

Samples: Put Agreement (Cohbar, Inc.)

Organization and Corporate Power. The Company is incorporated and a corporation duly organized, validly existing and in good standing as a corporation under the laws of Delaware and has all requisite corporate power and authority to own its properties and to own, lease and operate its properties and to carry on its business as presently now conducted and as currently proposed to be conducted.

Appears in 1 contract

Samples: Subordinated Debenture Purchase Agreement (Fortegra Financial Corp)

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