Common use of Due Incorporation and Organization Clause in Contracts

Due Incorporation and Organization. The Company has been duly incorporated, is validly existing, and is in good standing under the laws of the State of Delaware, and has all requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted.

Appears in 5 contracts

Samples: Exchange Agreement (ZaZa Energy Corp), Form of Subordinated Note Modification Agreement (ZaZa Energy Corp), Exchange Agreement (ZaZa Energy Corp)

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