Common use of Due Formation Clause in Contracts

Due Formation. The Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 95 contracts

Samples: Share Purchase Agreement (Wong Fung Ching), Subscription Agreement (EHang Holdings LTD), Share Subscription Agreement (JD.com, Inc.)

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Due Formation. The Such Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Such Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 9 contracts

Samples: Share Subscription and Warrant Purchase Agreement (The9 LTD), Subscription Agreement, Subscription Agreement (EHang Holdings LTD)

Due Formation. The Such Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser organization and has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 4 contracts

Samples: Share Subscription Agreement, Subscription Agreement (JD.com, Inc.), Share Subscription Agreement (Bitauto Holdings LTD)

Due Formation. The relevant Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The relevant Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 3 contracts

Samples: Subscription Agreement (Bitauto Holdings LTD), Subscription Agreement (Tencent Holdings LTD), Subscription Agreement (JD.com, Inc.)

Due Formation. The relevant Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 2 contracts

Samples: Subscription Agreement (Bitauto Holdings LTD), Subscription Agreement (JD.com, Inc.)

Due Formation. The Purchaser is duly formedincorporated, validly existing and in good standing in under the Laws of the jurisdiction of its organizationincorporation. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 2 contracts

Samples: Share Purchase Agreement (Qudian Inc.), Share Purchase Agreement (Secoo Holding LTD)

Due Formation. The Purchaser Such Purchaser, if not an individual, is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Such Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Dragon Victory International LTD), Securities Subscription and Warrant Purchase Agreement (Dragon Victory International LTD)

Due Formation. The Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser organization and has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 1 contract

Samples: Preference Shares Subscription Agreement (Bitauto Holdings LTD)

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Due Formation. The Such Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Such Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.. ​

Appears in 1 contract

Samples: Purchase Agreement (Futu Holdings LTD)

Due Formation. The Purchaser is duly formedorganized, validly existing and in good standing (or the foreign equivalent to the extent the concept is applicable in such jurisdiction) in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (New Ruipeng Pet Group Inc.)

Due Formation. The relevant Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The relevant Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.. (b)

Appears in 1 contract

Samples: Agreement

Due Formation. The Purchaser is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 1 contract

Samples: Subscription Agreement (MOGU Inc.)

Due Formation. The Purchaser Purchaser, if not an individual, is duly formed, validly existing and in good standing in the jurisdiction of its organization. The Purchaser has all requisite power and authority to carry on its business as it is currently being conducted.

Appears in 1 contract

Samples: Securities Subscription and Warrant Purchase Agreement (Metalpha Technology Holding LTD)

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