Common use of Corporate Organization, etc Clause in Contracts

Corporate Organization, etc. The Purchaser is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware, with full power to own its assets and to carry on its business as it is now being conducted. The Purchaser has the power and authority to execute and deliver this Agreement and the other agreements and instruments contemplated herein and to perform its other obligations hereunder and thereunder. The Purchaser is a newly formed corporation, formed solely for the purposes of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Healthplan Services Corp), Stock Purchase Agreement (Healthplan Services Corp)

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Corporate Organization, etc. The Purchaser is a corporation Delaware limited liability company duly formed, organized and validly existing and in good standing under the laws of the State of Delaware, Delaware with full power and authority to own all of its properties and assets and to carry on its business as it is now being conducted. The Purchaser has the power and authority to execute and deliver this Agreement and the other agreements and instruments contemplated herein and to perform its other obligations hereunder and thereunder. The Purchaser is a newly formed corporation, formed solely for the purposes of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership)

Corporate Organization, etc. The Purchaser is a corporation duly formedorganized, validly existing and in good standing under the laws of the State of Delaware, with full Delaware and has the power to own its assets and authority to carry on its business as it is now being conducted. The Purchaser has the power and authority to execute and deliver this Agreement and the other agreements and instruments contemplated herein conducted and to perform its other obligations hereunder own the properties and thereunder. The Purchaser is a newly formed corporation, formed solely for the purposes of the transactions contemplated herebyassets it now owns.

Appears in 1 contract

Samples: Stock Purchase Agreement (Econtent Inc)

Corporate Organization, etc. The Purchaser is a corporation duly formedorganized, validly existing and in good standing under the laws of the State of Delaware, with full power to own its assets and to carry on its business as it is now being conducted. The Purchaser has the power and authority to execute and deliver this Agreement and the other agreements and instruments contemplated herein and to perform its other obligations hereunder and thereunder. The Purchaser is a newly formed corporation, formed solely for the purposes of the transactions contemplated hereby. All of the issued and outstanding shares of capital stock of the Purchaser are owned, beneficially and of record, by Labtec.

Appears in 1 contract

Samples: Stock Purchase Agreement (Labtec Inc /Ma)

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Corporate Organization, etc. The Purchaser is a corporation duly formed, organized and validly existing and in good standing under the laws of the State of Delaware, Delaware with full power and authority to own all of its properties and assets and to carry on its business as it is now being conducted. The Purchaser has the power and authority to execute and deliver this Agreement and the other agreements and instruments contemplated herein and to perform its other obligations hereunder and thereunder. The Purchaser is a newly formed corporation, formed solely for the purposes of the transactions contemplated hereby.3.2

Appears in 1 contract

Samples: Asset Purchase Agreement

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