Common use of Organization and Related Matters Clause in Contracts

Organization and Related Matters. (a) TMM is a sociedad anonima, duly formed, validly existing and in good standing under the laws of the UMS. TMM has the corporate power and authority necessary to carry on its business in the manner as it is now being conducted and to own, lease and operate all of its properties and assets. The copy of TMM's Corporate Charter and Bylaws previously provided to KCS is a complete and correct copy of such instrument as in effect on the date hereof. Sellers have provided KCS with an English translation of such documents.

Appears in 4 contracts

Samples: Acquisition Agreement (Grupo TMM Sa), Acquisition Agreement (TMM Holdings Sa De Cv), Acquisition Agreement (Grupo TMM Sa)

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Organization and Related Matters. (a) TMM is a sociedad anonimaanónima, duly formed, formed and validly existing and in good standing under the laws of the UMS. TMM has the corporate power and authority necessary to carry on its business in the manner as it is now being conducted and to own, lease and operate all of its properties and assets. The copy of TMM's ’s Corporate Charter and Bylaws previously provided to KCS is a complete and correct copy of such instrument as in effect on the date hereof. Sellers have provided KCS with an English translation of such documents.

Appears in 2 contracts

Samples: Acquisition Agreement (Grupo TMM Sa), Acquisition Agreement (Mexican Railway Transportation Group)

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Organization and Related Matters. (a) TMM is a sociedad anonimaSOCIEDAD ANONIMA, duly formed, formed and validly existing and in good standing under the laws of the UMS. TMM has the corporate power and authority necessary to carry on its business in the manner as it is now being conducted and to own, lease and operate all of its properties and assets. The copy of TMM's Corporate Charter and Bylaws previously provided to KCS is a complete and correct copy of such instrument as in effect on the date hereof. Sellers have provided KCS with an English translation of such documents.

Appears in 1 contract

Samples: Acquisition Agreement (Kansas City Southern)

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