Common use of The Organization Clause in Contracts

The Organization. The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Michigan and has all the requisite power and authority to conduct its business and own and operate its properties, and to enter into and execute this Agreement and to carry out the transactions contemplated hereby.

Appears in 5 contracts

Samples: Subscription and Purchase Agreement (Macatawa Bank Corp), Subscription and Purchase Agreement (Macatawa Bank Corp), Subscription and Purchase Agreement (Macatawa Bank Corp)

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The Organization. The Company is a corporation duly organized and organized, validly existing existing, and in good standing under the laws of the State of Michigan and has all the requisite power and authority to conduct its business and own and operate its properties, properties and to enter into and execute this Agreement and to carry out the transactions contemplated herebyby this Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (FNBH Bancorp Inc), Subscription Agreement (FNBH Bancorp Inc)

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