Common use of Legal Capacity Clause in Contracts

Legal Capacity. Such Purchaser is an entity duly organized and validly existing under the laws of the jurisdiction of its formation. Such Purchaser has the legal capacity and right to execute, deliver, enter into, consummate and perform this Agreement.

Appears in 8 contracts

Samples: Call Option Agreement (PBC Gp Iii, LLC), Call Option Agreement (PBC Gp Iii, LLC), Call Option Agreement (PBC Gp Iii, LLC)

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Legal Capacity. Such The Purchaser is an entity duly organized and validly existing under the laws of the jurisdiction of its formation. Such The Purchaser has the legal capacity and right to execute, deliver, enter into, consummate and perform this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Converted Organics Inc.)

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