Common use of Organization and Requisite Authority Clause in Contracts

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

Appears in 11 contracts

Samples: Private Placement Warrants Subscription Agreement (Southport Acquisition Corp), Private Placement Warrants Subscription Agreement (Southport Acquisition Corp), Private Placement Warrants Purchase Agreement (Adara Acquisition Corp.)

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Organization and Requisite Authority. The Purchaser 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 6 contracts

Samples: Private Placement Warrants Purchase Agreement (Aurora Technology Acquisition Corp.), Private Placement Warrants Purchase Agreement (Aurora Technology Acquisition Corp.), Private Placement Warrants Purchase Agreement (Aurora Technology Acquisition Corp.)

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

Appears in 2 contracts

Samples: Preferred Shares Subscription Agreement (Pershing Square USA, Ltd.), Common Shares Subscription Agreement (Pershing Square USA, Ltd.)

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

Appears in 1 contract

Samples: Private Placement Warrant Purchase Agreement (Education Media, Inc.)

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