Common use of Organization; Power Clause in Contracts

Organization; Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of its Organization State and has all requisite corporate power and authority under those laws and its Charter Documents to own or lease and to operate its properties and to carry on its business as now conducted.

Organization; Power. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its Organization State incorporation and has all requisite corporate power and authority under those laws and its Charter Documents to own or lease and to operate its properties and to carry on its business as it is now being conducted, to execute, deliver and perform this Agreement, the Supply Agreement, the License Agreement, the Note, the Security Agreement and the Press Note, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.

Organization; Power. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its Organization State incorporation and has all requisite corporate power and authority under those laws and its Charter Documents to own or lease and to operate its properties and to carry on its business as it is now being conducted, to execute, deliver and perform this Agreement and the Ancillary Documents, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.

Organization; Power. Buyer is a corporation duly organizedformed, validly existing and in good standing under the laws of its Organization State Switzerland and has all requisite corporate power and authority under those laws and its Charter Documents to own or lease and to operate its properties and to carry on conduct its business as it is now conductedbeing conducted and to own, lease and operate its property and assets as now owned, leased and operated.

Organization; Power. Buyer is a corporation duly organized, validly existing and and, if applicable, in good standing under the laws Laws of the jurisdiction of its Organization State organization and has all requisite corporate power and authority under those laws and its Charter Documents to own or own, lease and to operate its properties assets, and to carry on its business as now conductedBusiness.