Common use of Target Company Clause in Contracts

Target Company. (1) The Target Company is a limited company duly organized and validly existing under the laws of the place of registration, and has the full capacity to execute on its own behalf and perform this Agreement according to the applicable laws.

Target Company. (1) 2.1 The Target Company is a limited company duly organized incorporated and legally existing with independent legal person status. It has validly existing under the laws of the place of registrationobtained all necessary authorizations, approvals, permits and qualifications to operate its business, and has the full capacity requisite power to execute on its own behalf and perform this Agreement according all the contracts in relation to the applicable lawsoperation of its business.