Common use of Organization, Qualification and Corporate Power Clause in Contracts

Organization, Qualification and Corporate Power. Each of Company and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and its Subsidiaries has full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by it.

Appears in 4 contracts

Samples: Merger Agreement (Comprehensive Care Corp), Merger Agreement (Hythiam Inc), Merger Agreement (Hythiam Inc)

AutoNDA by SimpleDocs

Organization, Qualification and Corporate Power. Each of Company and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and its Subsidiaries has full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by it.

Appears in 3 contracts

Samples: Merger Agreement (Xcorporeal, Inc.), Merger Agreement (National Quality Care Inc), Merger Agreement (Xcorporeal, Inc.)

Organization, Qualification and Corporate Power. Each of Company and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and its Subsidiaries has have full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by it.

Appears in 3 contracts

Samples: Merger Agreement (Ct Holdings Enterprises Inc), Merger Agreement (Exclusive Apparel, Inc.), Merger Agreement (Xcorporeal, Inc.)

Organization, Qualification and Corporate Power. Each of Company and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and its Subsidiaries has full corporate power and authority to carry on the business businesses in which it is engaged and to own and use the properties owned and used by it. Company beneficially owns all of the outstanding capital stock of each of its Subsidiaries.

Appears in 3 contracts

Samples: Merger Agreement (Intersearch Group Inc), Merger Agreement (Intersearch Group Inc), Merger Agreement (Intersearch Group Inc)

Organization, Qualification and Corporate Power. Each of The Company and its Subsidiaries is a corporation duly organized, and each of the Company and its Subsidiaries is validly existing, existing and in good standing under the laws of the jurisdiction of its incorporation. Each of the Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of the Company and its Subsidiaries has full all necessary corporate power powers and authority qualifications to own its Assets and to carry on the business Business in all jurisdictions in which it is engaged and to own and use carries on the properties owned and used by it.Business.β€Œ

Appears in 1 contract

Samples: Merger Agreement

AutoNDA by SimpleDocs

Organization, Qualification and Corporate Power. Each of Company and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and each if its Subsidiaries has full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Merger Agreement (Vinco Ventures, Inc.)

Organization, Qualification and Corporate Power. Each of the Company and its Subsidiaries is a corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its incorporation. Each of the Company and its Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of , except for failures that would not have a material adverse effect on the Company and its Subsidiaries has full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by ittaken as a whole.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arvin Industries Inc)

Organization, Qualification and Corporate Power. (a) ab Each of Holdings, the Company and its the Subsidiaries is a corporation or limited liability company duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporationincorporation or organization. Each of Holdings, the Company and its the Subsidiaries is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. Each of Company and its Subsidiaries has full corporate power and authority to carry on the business in which it is engaged and to own and use the properties owned and used by it.is

Appears in 1 contract

Samples: Merger Agreement (Spectrasite Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!