Common use of Organization and Requisite Authority Clause in Contracts

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

Appears in 2 contracts

Samples: Private Placement Warrants Purchase Agreement (National Energy Services Reunited Corp.), Private Placement Warrants Purchase Agreement (National Energy Services Reunited Corp.)

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Organization and Requisite Authority. The Purchaser is a companyan entity duly formed, validly existing existing, and in good standing under the laws of its jurisdiction of formation and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Purchaser. The Purchaser possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 2 contracts

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

Organization and Requisite Authority. The Purchaser is a companyduly organized, validly existing and in good standing under the laws of its jurisdiction of organization and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Private Placement Warrants Purchase Agreement (Medicus Sciences Acquisition Corp.), Private Placement Warrants Purchase Agreement (Medicus Sciences Acquisition Corp.)

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Organization and Requisite Authority. The Purchaser is a company[•] duly incorporated, validly existing and in good standing under the laws of its [•] and is qualified to do business in every jurisdiction and in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Purchaser. 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 Warrants Purchase Agreement (Israel Amplify Program Corp.)

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