Common use of Purchased Subsidiaries Clause in Contracts

Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted.

Appears in 4 contracts

Samples: Asset and Stock Purchase Agreement, Asset and Stock Purchase Agreement (Texas Instruments Inc), Asset and Stock Purchase Agreement (Texas Instruments Inc)

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Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing under the laws Laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted, except for those licenses, authorizations, permits and approvals the absence of which would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Asset and Stock Purchase Agreement, Asset and Stock Purchase Agreement, Asset and Stock Purchase Agreement (Smith a O Corp)

Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing under the laws Laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted, except for those licenses, authorizations, permits and approvals the absence of which would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Asset and Equity Purchase Agreement (Del Frisco's Restaurant Group, Inc.), Asset and Equity Purchase Agreement (Del Frisco's Restaurant Group, Inc.)

Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted, except for those licenses, authorizations, permits and approvals the absence of which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (TreeHouse Foods, Inc.)

Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted. All such licenses, authorizations, permits, consents, and approvals are set forth on Schedule 4.20.

Appears in 1 contract

Samples: Asset and Equity Purchase Agreement (Asure Software Inc)

Purchased Subsidiaries. (a) ¤ Each Purchased Subsidiary is duly organized and validly existing and in good standing (or the equivalent thereof) under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Regal Beloit Corp)

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Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized or formed and validly existing under the laws of its jurisdiction of organization or formation and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Affinity Gaming, LLC)

Purchased Subsidiaries. (a) Each ‎Each Purchased Subsidiary is duly organized and validly existing under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted, except for those licenses, authorizations, permits and approvals the absence of which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Conagra Foods Inc /De/)

Purchased Subsidiaries. (a) Each Purchased Subsidiary is duly organized and validly existing and in good standing (or the equivalent thereof) under the laws of its jurisdiction of organization and has all organizational powers and all material governmental licenses, authorizations, permits, consents and approvals required to carry on its business as now conducted.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Regal Beloit Corp)

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