Common use of Corporate Existence and Qualification Clause in Contracts

Corporate Existence and Qualification. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; has the corporate power to own, manage, lease and hold its Properties and to carry on its business as and where such Properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties or the nature of its business requires it to be so qualified.

Appears in 2 contracts

Samples: Stock Purchase and Subscription Agreement (Neff Corp), Stock Purchase and Redemption Agreement (Neff Corp)

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Corporate Existence and Qualification. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; has the corporate power to own, manage, lease and hold its Properties properties and to carry on its business as and where such Properties properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties properties or the nature of its business requires it to be so qualified.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Railamerica Inc /De), Asset Purchase Agreement (Armitec Inc)

Corporate Existence and Qualification. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State jurisdiction of Delaware; its incorporation. Buyer has the all requisite corporate power and authority to own, manage, operate and lease and hold its Properties properties and to carry on its business as and where such Properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties or the nature of its business requires it to be so qualified.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Belden & Blake Corp /Oh/), Stock Purchase Agreement (North Coast Energy Inc / De/)

Corporate Existence and Qualification. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; Delaware and has the corporate power powers and all material governmental licenses, authorities, permits, consents and approvals required to own, manage, lease and hold its Properties properties and to carry on its business as and where such Properties properties are presently located and such business is presently conducted; conducted and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties properties or the nature of its business requires it to be so qualified.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vocus, Inc.)

Corporate Existence and Qualification. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; has the corporate power to own, manage, lease and hold its Properties properties and to carry on its business as and where such Properties properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties properties or the nature of its business requires it to be so qualified.

Appears in 1 contract

Samples: Asset Purchase Agreement (Naturade Inc)

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Corporate Existence and Qualification. The Buyer is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State state of Delaware; has the corporate power to own, manage, lease and hold its Properties properties and to carry on its business as and where such Properties properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties properties or the nature of its business requires it to be so qualified.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kulicke & Soffa Industries Inc)

Corporate Existence and Qualification. The Buyer is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of DelawareBritish Virgin Islands; and the Buyer has the requisite corporate power to own, operate, manage, lease and hold its Properties assets and properties and to carry on its business as and where such Properties assets and properties are presently located and such business is presently conducted; and is duly qualified to do business and is in good standing as a foreign corporation in each of the jurisdictions where the character of its Properties or the nature of its business requires it to be so qualified.

Appears in 1 contract

Samples: Stock Purchase Agreement (Applica Inc)

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