Common use of Organization and Corporate Power Clause in Contracts

Organization and Corporate Power. The Company is a limited company duly organized, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 11 contracts

Samples: Private Placement Warrants Purchase Agreement (Frontier Investment Corp), Private Placement Warrant Purchase Agreement (Prospect Energy Holdings Corp.), Private Placement Warrant Purchase Agreement (Prospect Energy Holdings Corp.)

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Organization and Corporate Power. The Company is a limited company corporation duly organized, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 10 contracts

Samples: Sponsor Warrants Purchase Agreement (Endurance Acquisition Corp.), Sponsor Warrants Purchase Agreement (Pegasus Digital Mobility Acquisition Corp.), Private Warrants Purchase Agreement (Endurance Acquisition Corp.)

Organization and Corporate Power. The Company is a limited company corporation duly organized, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 5 contracts

Samples: Private Placement Shares Purchase Agreement (Aptorum Group LTD), Founding Director Warrant Purchase Agreement (ChinaGrowth South Acquisition CORP), Warrant Purchase Agreement (ChinaGrowth North Acquisition CORP)

Organization and Corporate Power. The Company is a limited company duly organized, incorporated and validly existing and in good standing as a corporation under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses has all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement on its business as presently conducted and the Warrant Agreementas proposed to be conducted. The Company has no subsidiaries.

Appears in 2 contracts

Samples: Option Agreement (Sentinel Energy Services Inc.), Option Agreement (Sentinel Energy Services Inc.)

Organization and Corporate Power. The Company is a limited company duly organized, validly existing and in good standing under the laws of the Cayman Islands corporation and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results results, or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Black Hawk Acquisition Corp), Subscription Agreement (Black Hawk Acquisition Corp)

Organization and Corporate Power. The Company is a limited company duly organized, validly existing and in good standing under the laws of the Cayman Islands corporation and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 1 contract

Samples: PROTONIQ Acquisition Corp

Organization and Corporate Power. The Company is a limited life exempted company duly organized, and validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 1 contract

Samples: Sponsor Warrant Purchase Agreement (China Growth Equity Investment LTD)

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Organization and Corporate Power. The Company is a limited company corporation duly organizedincorporated, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

Appears in 1 contract

Samples: Oak Woods Acquisition Corp

Organization and Corporate Power. The Company is a limited company corporation duly organized, incorporated and validly existing and in good standing as a corporation under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses has all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement on its business as presently conducted and the Warrant Agreementas proposed to be conducted. The Company has no subsidiaries.

Appears in 1 contract

Samples: Forward Purchase Agreement (Medicus Sciences Acquisition Corp.)

Organization and Corporate Power. The Company is a limited company corporation duly organizedincorporated, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant AgreementWarrant.

Appears in 1 contract

Samples: Warrant Purchase Agreement (OSN Streaming LTD)

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