Standing and Corporate Power. Each of Parent and Sub is a corporation validly existing and in good standing under the laws of the jurisdiction in which it is incorporated and has the requisite corporate power and authority to carry on its business as now being conducted.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Duty Free International Inc), Agreement and Plan of Merger (Tomkins PLC), Agreement and Plan of Merger (Duty Free International Inc)