Common use of Organization, Standing and Qualification Clause in Contracts

Organization, Standing and Qualification. (a) The Company is duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws of its jurisdiction of organization and has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently conducted in all material respects.

Appears in 17 contracts

Samples: Share Subscription Agreement, Share Subscription Agreement (Tencent Music Entertainment Group), Share Subscription Agreement (Tencent Music Entertainment Group)

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Organization, Standing and Qualification. (a1) The Company is duly organized, validly existing and in good standing (to or equivalent status in the extent such concept is recognizedrelevant jurisdiction) under under, and by virtue of, the Laws laws of the place of its jurisdiction of organization incorporation or establishment and has all requisite corporate power and authority to own its properties and assets and to carry on its business. The Company is qualified to do business as presently conducted in all each jurisdiction where failure to be so qualified would have a material respectsadverse effect on its assets, properties or business.

Appears in 2 contracts

Samples: Subscription Agreement (Home Inns & Hotels Management Inc.), Subscription Agreement (Home Inns & Hotels Management Inc.)

Organization, Standing and Qualification. (a) The Company is a corporation duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws laws of its jurisdiction of organization and incorporation; has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently conducted in all material respects.own

Appears in 1 contract

Samples: Purchase Agreement (Excel Legacy Corp)

Organization, Standing and Qualification. (a) The Company is duly incorporated or organized, validly existing and in good standing (to or equivalent status in the extent such concept is recognizedrelevant jurisdiction) under the Laws of its the jurisdiction of organization and its incorporation or organization. The Company has all requisite corporate capacity, power and authority to own and operate its properties and assets and to carry on its business as presently now conducted and as proposed to be conducted, and is duly qualified to transact business in all material respectseach jurisdiction in which it conducts and proposes to conduct business.

Appears in 1 contract

Samples: Share Purchase Agreement (Allogene Therapeutics, Inc.)

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Organization, Standing and Qualification. (a) The Company is duly organized, validly existing and in good standing (to the extent such concept is recognized) under the Laws laws of the jurisdiction of its jurisdiction of organization incorporation, and has all requisite corporate power and authority to own its properties and assets and to carry on its business as presently now conducted, and to perform each of its obligations hereunder. The Company is duly qualified to transact business and is in good standing in every jurisdiction in which the character of the business conducted in all by it makes such qualification necessary, except where the failure to be so qualified would not have a material respectsadverse effect on the business, operations or financial condition of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Alibaba Group Holding LTD)

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