Common use of Due Organization, Good Standing and Corporate Power Clause in Contracts

Due Organization, Good Standing and Corporate Power. The Company is a corporation 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 now conducted and as proposed to be

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (DBS Industries Inc), Common Stock Purchase Agreement (DBS Industries Inc)

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Due Organization, Good Standing and Corporate Power. The Company is a corporation limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite corporate organizational power and authority to carry on its business as now conducted and as proposed to be38

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Macquarie Infrastructure Corp)

Due Organization, Good Standing and Corporate Power. The Company is a corporation 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 now conducted and as proposed to beand

Appears in 1 contract

Samples: Common Stock Purchase Agreement (DBS Industries Inc)

Due Organization, Good Standing and Corporate Power. The Company is a corporation 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 own, lease and operate its properties and to conduct its business as now being conducted. The Company is duly qualified or licensed to do business and is in good standing or has equivalent status in each jurisdiction in which the property owned, leased or operated by it or the nature of the business conducted and as proposed to beby it makes such qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rafael Holdings, Inc.)

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Due Organization, Good Standing and Corporate Power. The Company is a corporation duly organizedcorporation, validly existing and in good standing under the laws Laws of the State of Delaware and Delaware. The Company has all requisite corporate power and authority to enter into and carry on out its business as now conducted obligations under this Agreement and as proposed to beconsummate the transactions contemplated to be undertaken by the Company NAI-1500837614v2

Appears in 1 contract

Samples: Modified Purchase Agreement (Chemtura CORP)

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