Organization; Corporate Power Sample Clauses

Organization; Corporate Power. It is duly incorporated and validly existing under the laws of the jurisdiction of its organization, and has all necessary power and authority to execute and deliver this Amendment and to consummate the transactions contemplated by the Sponsors' Support Agreement, as amended hereby;
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Organization; Corporate Power. The Company is duly organized, validly existing and in good standing under the Laws of Korea. The Company has all requisite corporate power and authority to own, use and operate its properties and to carry on its business as now being conducted.
Organization; Corporate Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction in which it is incorporated and has the corporate power and authority to execute and deliver this Agreement, and perform its obligations hereunder.
Organization; Corporate Power. Each of the Company and its Subsidiaries is a limited liability company or corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is qualified to do business and in good standing in every jurisdiction in which the failure to do so would not, or would reasonably be expected not to, have a material adverse effect on the assets, operations, business or financial condition of the Company and its Subsidiaries taken as a whole. Each of the Company and its Subsidiaries possesses all requisite limited liability company or corporate power and authority necessary to own and operate its properties, to carry on its businesses as presently conducted and as proposed to be conducted and, in the case of the Company, to carry out the transactions contemplated by this Agreement and the Related Agreements.
Organization; Corporate Power. The Purchaser is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has the power and authority to execute, deliver and perform its obligations under this Agreement.
Organization; Corporate Power. HI is a corporation duly organized, validly existing, and in good standing under the laws of Delaware, and is qualified (and in good standing) to do business in every jurisdiction in which its ownership of property or conduct of business requires it to qualify. HI possesses all requisite corporate power and authority and legal right to own and operate its assets, to carry out its business as now conducted and presently proposed to be conducted, to execute, deliver, and carry out the transactions contemplated by this Agreement, the Share Purchase Agreements, and each of the Transaction Documents. The copies of HI's charter documents and bylaws which have been previously furnished to Investor reflect all amendments made thereto at any time prior to the date of this Agreement and are correct and complete. Each Subsidiary of HI is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, possesses all requisite corporate power and authority and the legal right to own and operate its assets, to carry out its business as now conducted and presently proposed to be conducted and is qualified (and in good standing) to do business in every jurisdiction in which its ownership of property or conduct of its business requires it to qualify. All the outstanding shares of capital stock of each Subsidiary are validly issued, fully paid and nonassessable and all such shares are owned by HI or another one of its Subsidiaries free and clear of any Lien and not subject to any right or option to purchase such shares. Neither HI nor any Subsidiary is in violation in any respect of its certificate or articles of incorporation or by-laws.
Organization; Corporate Power. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the State of Wyoming with the requisite power and authority to own, operate and lease Buyer’s properties and to carry out Buyer’s business as now conducted.
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Organization; Corporate Power. It is duly incorporated and validly existing under the laws of the jurisdiction of its organization, and has all necessary power and authority to (i) own its assets and to carry on the business in which it is engaged; and (ii) execute, deliver and perform its obligations under this Agreement;
Organization; Corporate Power. The Company is a limited liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company has the authority to execute, deliver and perform its obligations under the Loan Documents.
Organization; Corporate Power. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Nevada and all other jurisdictions in which its ownership of property or conduct of business requires it to be qualified. Buyer possesses all requisite power and authority necessary to own, operate and lease and license its properties, to carry on its business as now conducted and carry out the transactions contemplated by this Agreement and the other Transaction Documents to which Buyer is a party.
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