Common use of Organization; Authorization Clause in Contracts

Organization; Authorization. The Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.

Appears in 44 contracts

Samples: Exchange Agreement (AMEDICA Corp), Exchange Agreement (Electronic Cigarettes International Group, Ltd.), Exchange Agreement (AMEDICA Corp)

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Organization; Authorization. The Such Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.

Appears in 5 contracts

Samples: Warrant Exercise Agreement (Faraday Future Intelligent Electric Inc.), Exchange Agreement (Faraday Future Intelligent Electric Inc.), Exchange Agreement (Faraday Future Intelligent Electric Inc.)

Organization; Authorization. The Holder is duly organized, validly existing and in good standing under the laws of its state of formation and has the requisite organizational power and authority to enter into and perform to consummate the Transactions contemplated by the Exchange Documents to which it is a party and otherwise to carry out its obligations under this Agreementhereunder and thereunder.

Appears in 1 contract

Samples: And Exchange Agreement (RiskOn International, Inc.)

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Organization; Authorization. The Such Holder is duly organized, validly existing and in good standing under the laws of its state jurisdiction of formation incorporation and has the requisite organizational power and authority to enter into and perform its obligations under this Agreement.

Appears in 1 contract

Samples: Warrant Exchange Agreement (Digital Ally Inc)

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