Organization and Requisite Authority. The Purchaser is a limited liability company duly formed, validly existing, and in good standing under the laws of its state of incorporation or formation and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Purchaser. The Purchaser possesses all requisite limited liability company power and authority necessary to carry out the transactions contemplated by this Agreement.
Appears in 6 contracts
Samples: Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.), Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.), Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.)
Organization and Requisite Authority. The Purchaser is a limited liability company an entity duly formed, validly existing, and in good standing under the laws of its state jurisdiction of incorporation or formation and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Purchaser. The Purchaser possesses all requisite limited liability company power and authority necessary to carry out the transactions contemplated by this Agreement.
Appears in 2 contracts
Samples: Private Placement Warrants Purchase Agreement (StoneBridge Acquisition Corp.), Private Placement Warrants Purchase Agreement (StoneBridge Acquisition Corp.)
