Common use of Organization; Due Authorization Clause in Contracts

Organization; Due Authorization. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware, and has full corporate power to execute, deliver and perform this Agreement and any Related Document to which it is a party. The execution, delivery and performance of this Agreement and the Related Documents have been duly and validly authorized by all necessary corporate actions on the part of Buyer.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Marina Biotech, Inc.), Asset Purchase Agreement (Marina Biotech, Inc.), Interest Purchase Agreement (Intercloud Systems, Inc.)

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Organization; Due Authorization. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Delaware, and has full corporate power to execute, deliver and perform this Agreement and any Related Document to which it is a party. The execution, delivery and performance of this Agreement and the Related Documents have been duly and validly authorized by all necessary corporate actions on the part of Buyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Zendesk, Inc.), Stock Purchase Agreement (Zendesk, Inc.)

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Organization; Due Authorization. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware, and has full corporate the power to execute, deliver and perform this Agreement and any Related Document to which it is a party. The execution, delivery and performance of this Agreement and the Related Documents have been duly and validly authorized by all necessary corporate actions on the part of Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (NXChain Inc.)

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