Common use of Organization, Good Standing, Power Clause in Contracts

Organization, Good Standing, Power. Such Seller, if not an individual, has been duly organized and is validly existing and in good standing under the Laws of its respective jurisdictions of organization. Such Seller has all requisite power and authority or legal capacity (as applicable) to enter into this Agreement, the Power of Attorney and any other documents to be entered into by such Seller in connection with the Transactions and to consummate the transactions contemplated hereby and thereby.

Appears in 2 contracts

Samples: Transaction Agreement (StepStone Group Inc.), Transaction Agreement (StepStone Group Inc.)

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Organization, Good Standing, Power. Such SellerSeller is duly organized, if not an individual, has been duly organized and is validly existing and in good standing under the Laws of the jurisdiction of its respective jurisdictions of formation or organization. Such Seller has all possesses the requisite corporate, limited liability company or similar power and authority or legal capacity (as applicable) necessary to enter into this Agreement, the Power of Attorney own and any other documents to be entered into by such Seller in connection with the Transactions operate its properties and to consummate the transactions contemplated hereby and therebycarry on its business as presently conducted.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement

Organization, Good Standing, Power. Such Seller, if not an individual, The Seller has been duly organized and is validly existing and in good standing under the Laws laws of its respective jurisdictions jurisdiction of organization. Such The Seller has all requisite power and authority or legal capacity (as applicable) to enter into this Agreement, the Power of Attorney Agreement and any other documents to be entered into by such the Seller (as applicable) in connection with the Transactions and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Transaction Agreement (StepStone Group Inc.)

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Organization, Good Standing, Power. Such SellerSeller is duly organized, if not an individual, has been duly organized and is validly existing and in good standing under the Laws of its respective jurisdictions jurisdiction of organizationorganization (as applicable). Such Seller has all requisite power and authority or legal capacity (as applicable) to enter into this Agreement, Agreement and the Power of Attorney and any other documents Transaction Documents to be entered into by such Seller in connection with the Transactions and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Purchase Agreement (Par Technology Corp)

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