Common use of Corporate Organization Clause in Contracts

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any necessary governmental authority to own, operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Merger.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Dillard Department Stores Inc), Agreement and Plan of Merger (Dillard Department Stores Inc), Agreement and Plan of Merger (Minot Mercantile Corp)

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Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and or in good standing or to have such power, authority and governmental approvals is not, individually would not prevent or in the aggregate, reasonably likely to prevent the materially delay consummation of the MergerTransactions, or otherwise prevent Parent or Purchaser from performing its material obligations under this Agreement.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Bei Medical Systems Co Inc /De/), Agreement and Plan of Merger (Bei Medical Systems Co Inc /De/), Agreement and Plan of Merger (Boston Scientific Corp)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Merger.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (McKesson Corp), Agreement and Plan of Merger (D & K Healthcare Resources Inc), Agreement and Plan of Merger (Cti Molecular Imaging Inc)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware jurisdiction in which it is incorporated and has the requisite corporate power and authority and any necessary governmental authority to own, operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Offer or the Merger.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Goulds Pumps Inc), Agreement and Plan of Merger (George Acquisition Inc), Agreement and Plan of Merger (Itt Industries Inc)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority and any necessary governmental authority to own, lease and operate or lease its properties and to carry on its business businesses as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such powerpower and authority would not, authority and governmental approvals is notreasonably could not be expected to, individually or in the aggregate, reasonably likely to prevent the consummation of the Offer or the Merger.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (National Education Corp), Agreement and Plan of Merger (National Education Corp), Agreement and Plan of Merger (Nick Acquisition Corp)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State jurisdiction of Delaware its organization and has the requisite corporate power and authority and any necessary governmental authority to own, operate or lease its properties and to carry on its business as it Purchaser is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation State of the MergerDelaware.

Appears in 3 contracts

Samples: Agreement and Plan (Aqua Alliance Inc), Agreement and Plan of Merger (Aqua Alliance Inc), Agreement and Plan (Vivendi)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and or in good standing or to have such power, authority and governmental approvals is not, individually would not prevent or in the aggregate, reasonably likely to prevent the materially delay consummation of the Mergertransactions contemplated by this Agreement or otherwise prevent or materially delay Parent or Purchaser from performing its obligations under this Agreement.

Appears in 3 contracts

Samples: Stockholders Agreement (Bei Medical Systems Co Inc /De/), Stockholders Agreement (Bei Medical Systems Co Inc /De/), Stockholder Agreement (Cardiac Pathways Corp)

Corporate Organization. Each of Parent and Purchaser is a corporation company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and or in good standing or to have such power, authority and governmental approvals is not, individually would not prevent or in the aggregate, reasonably likely to prevent the materially delay consummation of the MergerTransactions, or otherwise prevent Parent or Purchaser from performing its material obligations under this Agreement.

Appears in 2 contracts

Samples: Ericsson MPD Acquisition Corp, Microwave Power Devices Inc

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted. Parent and Purchaser have heretofore made available to the Company complete and correct copies of their respective Certificates of Incorporation and By-laws, except where the failure to be so organized, existing and each such instrument is in good standing or to have such power, authority full force and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Mergereffect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Thomson Corp), Agreement and Plan of Merger (Thomson Corp)

Corporate Organization. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any necessary governmental authority to own, operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Offer or the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mercantile Stores Co Inc), Agreement and Plan of Merger (Dillard Department Stores Inc)

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Corporate Organization. Each of Parent and Purchaser Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority and any necessary governmental authority to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organizedincorporated, existing and or in good standing or to have such powerpower or authority would not prevent or delay either Parent or Buyer from performing their respective obligations under this Agreement, authority and governmental approvals is not, individually the Purchase Agreement or in the aggregate, reasonably likely to prevent the consummation any of the MergerAncillary Agreements.

Appears in 2 contracts

Samples: Voting Agreement (CTN Media Group Inc), Voting Agreement (Stein Avy H)

Corporate Organization. Each of Parent and Purchaser is ---------------------- a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any all necessary governmental authority approvals to own, lease and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and or in good standing or to have such power, authority and governmental approvals is not, individually would not prevent or in the aggregate, reasonably likely to prevent the materially delay consummation of the MergerTransactions, or otherwise prevent Parent or Purchaser from performing its material obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Siemens Aktiengesellschaft/Adr), Agreement and Plan of Merger (Siemens Aktiengesellschaft/Adr)

Corporate Organization. Each of Parent and the Purchaser is is, respectively, a limited liability company and a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any necessary governmental authority approvals to own, operate or lease its the properties that it purports to own, operate or lease and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Merger.9

Appears in 1 contract

Samples: Agreement and Plan of Merger Agreement and Plan of Merger (Kerr Acquistion Corp)

Corporate Organization. Each of Parent and Purchaser is a ---------------------- corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority and any necessary governmental authority to own, operate own or lease all of its properties and assets and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have such power, authority and governmental approvals is not, individually or in the aggregate, reasonably likely to prevent the consummation of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xtra Corp /De/)

Corporate Organization. (a) Each of Parent and Purchaser Buyer is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority and any necessary governmental authority to own, lease, and operate or lease its properties and to carry on its business as it is now being conducted, except where the failure to be so organized, existing and in good standing or to have for such power, authority and governmental approvals is notfailures that, individually or in the aggregate, except for such failures that, individually or in the aggregate, would not be reasonably likely to prevent materially impair the consummation ability of Parent and Buyer to consummate the Mergertransactions contemplated by this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Piper Jaffray Companies)

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