Common use of Organization, Standing and Authority Clause in Contracts

Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified to do business and is in good standing in the states of the United States and any foreign jurisdictions where its ownership or leasing of property or assets or the conduct of its business requires it to be so qualified.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Riggs National Corp), Agreement and Plan of Merger (Provident Bankshares Corp), Agreement and Plan of Merger (Sterling Financial Corp /Pa/)

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Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified to do business and is in good standing in the states of the United States and any foreign all jurisdictions where its ownership or leasing of property or assets or the its conduct of its business requires it to be so qualified.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Main Street Trust Inc), Agreement and Plan of Merger (Zions Bancorporation /Ut/), Agreement and Plan of Merger (Texas Regional Bancshares Inc)

Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified or licensed to do business and is in good standing in the states of the United States and any foreign all jurisdictions where its ownership or leasing of property or assets or the its conduct of its business requires it to be so qualified.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Cephalon Inc), Agreement and Plan of Merger (Aaipharma Inc), Agreement and Plan of Merger (Aaipharma Inc)

Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the states of the United States and any foreign jurisdictions where its ownership or leasing of its assets or property or assets or the conduct of its business requires it to be so qualifiedsuch qualification. It is a financial holding company, as defined in Section 2(p) of the BHC Act.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cullen Frost Bankers Inc), Agreement and Plan of Merger (Cullen Frost Bankers Inc), Agreement and Plan of Merger (Summit Bancshares Inc /Tx/)

Organization, Standing and Authority. It is a corporation company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified organization with full power and capacity to do business enter into this Shareholders’ Agreement and is in good standing in the states of the United States and any foreign jurisdictions where perform its ownership or leasing of property or assets or the conduct of its business requires it to be so qualifiedobligations hereunder.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Golden Telecom Inc), Shareholders’ Agreement (Golden Telecom Inc)

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Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. It is duly qualified to do business and is in good standing in the states of the United States and any foreign all jurisdictions where its ownership or leasing of property or assets or the its conduct of its business requires it to be so qualified. It has made available to the other party hereto a complete and correct copy of its articles of incorporation and bylaws, each as amended to the date hereof and as in full force and effect as of the date hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Central Pacific Financial Corp), Agreement and Plan of Merger (Cb Bancshares Inc/Hi)

Organization, Standing and Authority. It is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction its state of its incorporation. It is duly qualified to do business and is in good standing in the states of the United States and any foreign jurisdictions where its ownership or leasing of property or assets or the conduct of its business requires it to be so qualified.

Appears in 1 contract

Samples: Shareholder Agreement (FCB Bancorp)

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