Common use of Due Formation Clause in Contracts

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 77 contracts

Samples: Share Subscription Agreement (Airnet Technology Inc.), Share Subscription Agreement (Airnet Technology Inc.), Subscription Agreement (EHang Holdings LTD)

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Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted. Each Subsidiary (as defined below) has been duly organized, is validly existing and in good standing under the laws of its jurisdiction of organization, and has the requisite corporate power and authorization to own, lease and operate its properties and to carry on its business as now being conducted and as described in the SEC Documents (as defined below).

Appears in 11 contracts

Samples: Subscription Agreement (BHR Winwood Investment Management LTD), Share Subscription Agreement (Law Man San), Subscription Agreement (JD.com, Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Each of the Company and the Company’s Subsidiaries is duly formed, validly existing and in good standing in the jurisdiction of its organization. Each of the Company and its Subsidiaries has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 9 contracts

Samples: Share Subscription and Warrant Purchase Agreement (The9 LTD), Securities Purchase Agreement (Dragon Victory International LTD), Subscription Agreement (Tencent Holdings LTD)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Each of the Company and the Company’s Subsidiaries is duly formed, validly existing and in good standing in the jurisdiction of its organization. Each of the Company and the Subsidiaries has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 8 contracts

Samples: Convertible Notes Subscription Agreement (NIO Inc.), Subscription Agreement (Vipshop Holdings LTD), Convertible Note and Warrant Subscription Agreement (Secoo Holding LTD)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to own and lease its properties, to carry on its business as it is currently being conductedconducted and as proposed to be conducted by it and to carry out the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Share Purchase Agreement (Jianpu Technology Inc.), Share Purchase Agreement (Jianpu Technology Inc.), Share Purchase Agreement (Jianpu Technology Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Li Hanqi), Securities Purchase Agreement (Apollo Multi-Asset Growth Fund), Securities Purchase Agreement (Li Hanqi)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.​ ​

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.), Securities Purchase Agreement (Mercurity Fintech Holding Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Share Purchase Agreement (Jianpu Technology Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.​ ​ ​ ​ ​

Appears in 1 contract

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.​ ​ ​ ​

Appears in 1 contract

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.)

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Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted. Each Subsidiary (as defined below) has been duly organized, is validly existing and in good standing under the laws of its jurisdiction of organization.

Appears in 1 contract

Samples: Subscription Agreement (Maodong Xu)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.. ​ ​

Appears in 1 contract

Samples: Subscription Agreement (9F Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted.. ​ ​ ​ ​

Appears in 1 contract

Samples: Subscription Agreement (9F Inc.)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liabilitycompany, duly incorporated, validly existing and in good standing under the laws of the Cayman Islands. The Each of the Company and the Company’s Subsidiaries is duly formed, validly existing and in good standing in the jurisdiction of its organization. Each of the Company and the ​ Subsidiaries has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 1 contract

Samples: Share Subscription Agreement (Dada Nexus LTD)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted. Each Subsidiary (as defined below) has been duly organized, is validly existing and in good standing under the laws of its jurisdiction of organization and has the requisite corporate power and authorization to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Subscription Agreement (Azure Investments LTD)

Due Formation. The Company is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman Islands. The Company has all requisite power and authority to carry on its business as it is currently being conducted. Each Subsidiary (as defined below) has been duly organized, is validly existing and in good standing under the laws of its jurisdiction of organization, and has the requisite corporate power and authorization to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Subscription Agreement (Jupai Holdings LTD)

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