Common use of Organization and Corporate Power Clause in Contracts

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Netezza Corp), Agreement and Plan of Merger (Doubleclick Inc), Agreement and Plan of Merger (Navisite Inc)

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Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority (corporate and other) to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 4 contracts

Samples: Escrow Agreement (Brooks Automation Inc), Agreement and Plan of Merger (Akamai Technologies Inc), Agreement and Plan of Merger (Akamai Technologies Inc)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws Laws of the state of its incorporation. The Buyer has all requisite corporate power and authority (corporate and other) to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Medicines Co /De), Agreement and Plan of Merger (Akamai Technologies Inc)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state jurisdiction of its incorporation. The Buyer is duly qualified to conduct business and is in corporate and tax good standing under the laws of each jurisdiction in which the nature of its businesses or the ownership or leasing of its properties requires such qualification, except where the failure to be so qualified or in good standing would not have a Buyer Material Adverse Effect. The Buyer has all requisite corporate power and authority to carry on the businesses business in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Agreement and Plan of Merger (On Assignment Inc)

Organization and Corporate Power. Each of the Buyer and the Transitory Buyer Subsidiary is a corporation duly organized, validly existing and in corporate and tax good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cognizant Technology Solutions Corp)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in corporate and tax good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority (corporate and other) to carry on the businesses in which it is engaged and to own and use the properties owned and used by it. The Buyer has furnished the Company and the Representative complete and accurate copies of its certificate of incorporation and bylaws, each as amended to date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Akamai Technologies Inc)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it. The Buyer has furnished or made available to the Company complete and accurate copies of its certificate of incorporation and by-laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vitalworks Inc)

Organization and Corporate Power. Each of the Buyer and the -------------------------------- Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority (corporate and other) to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Purchase Agreement (Kadant Inc)

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Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state their respective states of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netezza Corp)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority (corporate and other) to carry on the businesses in which it is engaged and to own and use the properties owned and used by it. Since the date of its incorporation, the Transitory Subsidiary has not engaged in any activities other than in connection with or as contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Akamai Technologies Inc)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws Laws of the state of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.(corporate and

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medicines Co /De)

Organization and Corporate Power. Each of the Buyer and the Transitory Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. The Buyer has all requisite corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it. The Transitory Subsidiary was formed solely for the purpose of engaging in the transactions contemplated hereby, has engaged in no other business activities and has conducted its operations only as contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (I Many Inc)

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