Common use of Organization, Good Standing and Authority Clause in Contracts

Organization, Good Standing and Authority. Each of TCI and the TCI System Owners is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite corporate power and authority to enter into and to perform its obligations under this Agreement and the other agreements to be executed and delivered by it pursuant to this Agreement.

Appears in 3 contracts

Samples: Form of Contribution Agreement (Tele Communications Inc /Co/), Contribution Agreement (Tci Music Inc), Contribution Agreement (Tci Music Inc)

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Organization, Good Standing and Authority. Each of TCI and the ----------------------------------------- TCI System Owners is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite corporate power and authority to enter into and to perform its obligations under this Agreement and the other agreements to be executed and delivered by it pursuant to this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DMX Inc)

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Organization, Good Standing and Authority. Each ------------------------------------------ of TCI and the TCI System Owners is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite corporate power and authority to enter into and to perform its obligations under this Agreement and the other agreements to be executed and delivered by it pursuant to this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Tele Communications Inc /Co/)

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