Common use of Organization and Authority Clause in Contracts

Organization and Authority. Subscriber is duly organized, validly existing and in good standing under the laws of the State of Delaware and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 87 contracts

Samples: Unit Subscription Agreement (GoGreen Investments Corp), Unit Subscription Agreement (Ftac Zeus Acquisition Corp.), Unit Subscription Agreement (INSU Acquisition Corp. II)

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Organization and Authority. The Subscriber is duly organized, validly existing and in good standing under the laws of the State of Delaware and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 54 contracts

Samples: Private Placement Units Purchase Agreement (Israel Acquisitions Corp), Unit Subscription Agreement (FTAC Hera Acquisition Corp.), Underwriter Private Placement Units Purchase Agreement (InterPrivate III Financial Partners Inc.)

Organization and Authority. The Subscriber is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware of the United States and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Electrum Special Acquisition Corp

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Organization and Authority. Subscriber is duly organized, validly existing and in good standing under the laws of the [State of Delaware Delaware] and it possesses all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Unit Subscription Agreement (FinTech Acquisition Corp)

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