Common use of Organization and Corporate Power Clause in Contracts

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

Appears in 4 contracts

Samples: Earnout Agreement (International Media Acquisition Corp.), Merger Agreement (Abri SPAC I, Inc.), Forward Purchase Agreement (Amc Entertainment Holdings, Inc.)

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Organization and Corporate Power. The Company is a company duly organized, incorporated and validly existing, existing and in good standing as a company under the laws of the its jurisdiction of its formation incorporation 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 4 contracts

Samples: Reallocation Agreement, Voting Agreement, Voting Agreement (One Madison Corp)

Organization and Corporate Power. The Company has been duly incorporated and organized and is duly organized, validly existing, subsisting and in good standing under the laws of the its jurisdiction of its formation and has all requisite full corporate right, power and authority to enter into and perform its obligations under this Agreement and has full corporate right, power and authority to own and operate its properties and to carry on its business as presently conducted and as proposed to be conductedbusiness.

Appears in 3 contracts

Samples: Investment Agreement (American Copper Corp.), Investment Agreement (Patriot Berry Farms, Inc.), Investment Agreement (Lone Star Gold, Inc.)

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and conducted. The Company is qualified as proposed to be conducteda foreign corporation in good standing in each jurisdiction in which it owns or leases real property or maintains employees.

Appears in 3 contracts

Samples: Warrant Agreement (Logical Design Solutions Inc), Warrant Purchase Agreement (Logical Design Solutions Inc), Securities Purchase and Redemption Agreement (Stride & Associates Inc)

Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation 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, Forward Purchase Agreement (Mosaic Acquisition Corp.)

Organization and Corporate Power. The Company has been duly incorporated and organized and is duly organized, validly existing, subsisting and in good standing under the laws of the its jurisdiction of its formation and has all requisite full corporate right, power and authority to enter into and perform its obligations under the Agreement to which it is or shall be a party and has full corporate right, power and authority to own and operate its properties and to carry on its business as presently conducted and as proposed to be conducted.business;

Appears in 2 contracts

Samples: Share Issuance Agreement, Share Issuance Agreement (Century Petroleum Corp.)

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted. The Company is duly licensed or qualified to do business as a foreign corporation in each jurisdiction wherein the character of its property, or the nature of the activities presently conducted by it, makes such qualification necessary and as proposed where the failure to be conductedso qualified would have a material adverse effect on the business, condition or results of operations of the Company.

Appears in 1 contract

Samples: Stock Purchase and Redemption Agreement (Triton Systems Inc / Fa)

Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation organization 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: Warrant Exchange Agreement (One Madison Corp)

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Organization and Corporate Power. The Company is duly organized, incorporated and validly existing, existing and in good standing under the laws of the jurisdiction of its formation organization 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: Subscription Agreement (One Madison Corp)

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction state of its formation incorporation, and the Company has all requisite corporate power and authority necessary to own and operate its properties and to carry on its businesses as now conducted. The Company is qualified to do business in every jurisdiction in which its ownership of property or the conduct of its businesses as presently now conducted and as proposed requires it to qualify, except where the failure to be conductedso qualified would not have a Material Adverse Effect. True and complete copies of the certificate of incorporation and bylaws of the Company have been made available to the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Castle a M & Co)

Organization and Corporate Power. The Company is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company 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: Merger Agreement (Viveon Health Acquisition Corp.)

Organization and Corporate Power. The Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its formation incorporation and has all requisite corporate power and authority to own its properties and to carry on its business as presently conducted and conducted. The Company is qualified as proposed a foreign corporation in good standing in each jurisdiction in which it owns or leases real property or maintains employees, except where the failure to so qualify could not reasonably be conductedexpected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Fleetcor Technologies Inc)

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