Common use of Due Organization; Subsidiaries Clause in Contracts

Due Organization; Subsidiaries. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Each of Parent and Merger Sub has all necessary power and authority: (a) to conduct its business in the manner in which its business is currently being conducted; (b) to own and use its assets in the manner in which its assets are currently owned and used; and (c) to perform its obligations under all Contracts by which it is bound.

Due Organization; Subsidiaries. (a) Each of Parent and Merger Sub is a corporation duly organizedincorporated, validly existing and in good standing under the laws Laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing Delaware and in good standing under the laws of the State of Delaware. Each of Parent and Merger Sub has all necessary corporate power and authority: (a) authority to conduct its business in the manner in which its business is currently being conducted; (b) conducted and to own or lease and use its property and assets in the manner in which its property and assets are currently owned or leased and used; and (c) . Since the date of its incorporation, Merger Sub has not engaged in any activities other than activities incident to perform its obligations under all Contracts formation or in connection with or as contemplated by which it is boundthis Agreement.

Due Organization; Subsidiaries. Parent is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareNew York. Each of Parent and Merger Sub has all necessary requisite corporate power and authority: (ai) to conduct its business in the manner in which its business is currently being conducted; conducted and (bii) to own and use its assets in the manner in which its assets are currently owned and used; and (c) to perform its obligations under all Contracts by which it is bound.

Due Organization; Subsidiaries. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State Commonwealth of DelawareMassachusetts. Each of Parent and Merger Sub has all necessary power and authority: (a) to conduct its business in the manner in which its business is currently being conducted; and (b) to own and use its assets in the manner in which its assets are currently owned and used; and (c) to perform its obligations under all Contracts by which it is bound.

Due Organization; Subsidiaries. Parent is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Merger Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareMassachusetts. Each of Parent and Merger Sub has all necessary power and authority: (a) to conduct its business in the manner in which its business is currently being conducted; (b) to own and use its assets in the manner in which its assets are currently owned and used; and (c) to perform its obligations under all Contracts by which it is bound.