Organization, Good Standing; Due Authorization. Each member of the Company Group is duly organized, validly existing and in good standing under the laws of their respective jurisdiction of incorporation. Each member of the Company Group has all requisite legal and corporate power and authority to carry on its business as now conducted, and is duly qualified to transact business in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect on such Person.
Appears in 4 contracts
Samples: Series a Preferred Share Purchase Agreement (JinkoSolar Holding Co., Ltd.), Series a Preferred Share Purchase Agreement (JinkoSolar Holding Co., Ltd.), Share Subscription Agreement (JinkoSolar Holding Co., Ltd.)
Organization, Good Standing; Due Authorization. Each member of the Company Group is duly organized, validly existing and in good standing under the laws Laws of their respective jurisdiction of incorporation. Each member of the Company Group has all requisite legal and corporate power and authority to carry on its business as now conducted, and is duly qualified to transact business in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect on such Person.
Appears in 3 contracts
Samples: Shareholders Agreement (Nobao Renewable Energy Holdings LTD), Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD), Series a Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD)
