Organization, Power and Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of , and has all requisite power and authority to own, lease and operate its properties and to carry on its business (either directly or through its Subsidiaries) as currently conducted and as currently proposed by the Company to be conducted after the Closing (the “Business”).
Appears in 2 contracts
Samples: Asset Purchase Agreement, Securities Purchase Agreement
Organization, Power and Standing. The Company is a corporation an entity duly organized, validly existing and in good standing under the laws Laws of the State its jurisdiction of , organization and has all requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business (either directly or through its Subsidiaries) as currently conducted and as currently proposed by the Company to be conducted after the Closing (the “Business”)it is now conducted.
Appears in 1 contract
Organization, Power and Standing. The Company is a corporation an entity duly organized, validly existing and in good standing under the laws Laws of the State its jurisdiction of incorporation or organization, as applicable, and has (or will have) all requisite corporate or limited liability company power and authority to own, lease and operate its properties and to carry on its business (either directly or through its Subsidiaries) as currently conducted it is now conducted. True and as currently proposed by complete copies of the organizational documents of the Company have been made available to be conducted after the Closing (the “Business”)Buyer.
Appears in 1 contract
Samples: Stock Purchase Agreement (Ascena Retail Group, Inc.)
