Common use of Organization of IDT Clause in Contracts

Organization of IDT. IDT is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted and as proposed to be conducted.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Idt Corp), Unit Purchase Agreement (Idt Corp), Stock Purchase Agreement (Idt Corp)

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