DUE ORGANIZATION definition

DUE ORGANIZATION. AUTHORIZATION: DUE EXECUTION. Seller is a limited partnership, duly organized and validly existing under the laws of the State of Texas. Seller has full power and authority to execute and deliver this Stock Purchase Contract and to perform its obligations hereunder and to consummate the transactions contemplated hereby. This Stock Purchase Contract has been duly executed and delivered by Seller and assuming the due execution and delivery hereof by Buyer, this Stock Purchase Contract constitutes the legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms except as the enforcement thereof may be limited by bankruptcy, insolvency, moratorium (whether general or specific) or other similar laws now or hereafter in effect relating to creditors rights generally or by general equitable principles.
Sample 1

Examples of DUE ORGANIZATION in a sentence

  • The Buyer hereby represents and warrants to the Signatory Stockholders as follows: 5 3.1. DUE ORGANIZATION, AUTHORIZATION, ETC.

  • The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.4.2. DUE ORGANIZATION; AUTHORIZATION; NO CONFLICTS.

  • Borrower represents and warrants as follows: 5.1 DUE ORGANIZATION AND QUALIFICATION.

  • Borrower represents and warrants as follows: 5.1 DUE ORGANIZATION AND AUTHORIZATION.

  • REPRESENTATIONS AND WARRANTIES In the New Indenture, the Company will represent and warrant as of the date of the New Indenture that: DUE ORGANIZATION AND QUALIFICATION The Company and each Material Subsidiary is duly organized and existing and in good standing under the laws of the jurisdiction of its organization and is qualified to do business in any state where the failure to be so qualified reasonably could be expected to have a Material Adverse Change.

  • REPRESENTATIONS AND WARRANTIES -------------------------------- Borrower represents and warrants as follows: DUE ORGANIZATION AND AUTHORIZATION.

  • Sub represent and warrant to the Company that, except as set forth in the Parent SEC Documents or in the disclosure schedule prepared by Parent in accordance with the requirements of Section 10.11 and that has been delivered by Parent to the Company on the date of this Agreement (the "Parent Disclosure Schedule"): 3.1 DUE ORGANIZATION, ETC.

  • The Indenture Collateral Agent represents and warrants to the Issuer and to each Issuer Secured Party as follows: (a) DUE ORGANIZATION.

  • REPRESENTATIONS AND WARRANTIES OF PURCHASER 17 4.1 DUE ORGANIZATION 17 4.2 AUTHORITY; BINDING NATURE OF AGREEMENT 18 4.3 NON-CONTRAVENTION; CONSENTS 18 SECTION 5.

  • DUE ORGANIZATION - CORPORATE AUTHORIZATION - NO CONFLICTS...................................................33 5-3.

Related to DUE ORGANIZATION

  • Eligible organization means a veterans, charitable, educational, religious, fraternal,

  • Employee organization means any organization, union, or

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Financial organization means any bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, savings and loan association, credit union, cooperative bank, small loan company, sales finance company, investment company, or any type of insurance company.

  • Managed care organization means an entity that (1) is under contract with the department to provide services to Medicaid recipients and (2) meets the definition of “health maintenance organization” as defined in Iowa Code section 514B.1.

  • Health maintenance organization means that term as defined in section 3501 of the insurance code of 1956, 1956 PA 218, MCL 500.3501.

  • Health care organization ’ means any person or en-

  • Domestic organization means an organization created under the laws of this state.

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • Provider Organization means a group practice, facility, or organization that is:

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.

  • Managed Care Organization (MCO means a contracted health delivery system providing capitated or prepaid health services, also known as a Prepaid Health Plan (PHP). An MCO is responsible for providing, arranging, and making reimbursement arrangements for covered services as governed by state and federal law. An MCO may be a Chemical Dependency Organization (CDO), Dental Care Organization (DCO), Mental Health Organization (MHO), or Physician Care Organization (PCO).

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • Tribal organization means the elected governing body of any Indian tribe or any legally established organization of Indians that is controlled by one or more such bodies or by a board of directors elected or selected by one or more such bodies (or elected by the Indian population to be served by such organization) and that includes the maximum participation of Indians in all phases of its activities; and

  • Lead organization means a trade organization, labor organization or other incorporated entity representing a group of businesses that is the applicant for a business network project.

  • Labor organization means any organization of any kind, or any agency or employee representation committee or plan, in which employees participate and that exists for the purpose, in whole or in part, of dealing with employers concerning grievances, labor disputes, wages, rates of pay, hours of employment, or conditions of work.

  • Constituent organization means an organization that is party to a merger.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Qualified organization means any organization to which a valid permit has been issued by the

  • Review organization means a disability insurer regulated

  • Stewardship organization means an organization, association, or

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.