Common use of Due Formation Clause in Contracts

Due Formation. The Purchaser 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, with full power and authority to own and operate and to carry on its business in the places and in the manner as currently conducted.

Appears in 5 contracts

Samples: Subscription Agreement (Xueda Education Group), Purchase Agreement (Ctrip Com International LTD), Subscription Agreement (China Lodging Group, LTD)

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Due Formation. The Purchaser is a company duly incorporated as an exempted company with limited liability, validly existing and in good standing under the laws of the Cayman British Virgin Islands, with full power and authority to own and operate and to carry on its business in the places and in the manner as currently conducted.

Appears in 4 contracts

Samples: Purchase Agreement (Solar Power, Inc.), Purchase Agreement (China Mobile Games & Entertainment Group LTD), Purchase Agreement (Solar Power, Inc.)

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