Common use of Corporate Organization, etc Clause in Contracts

Corporate Organization, etc. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted, except where the failure to have such power or authority is not, in the aggregate, reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Master Transaction Agreement (Infonautics Inc), Purchase and Sale Agreement (Bell & Howell Co //), Master Transaction Agreement (Infonautics Inc)

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Corporate Organization, etc. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted, except where the failure to have such power or authority is not, in the aggregate, reasonably likely to have a material adverse effect on the business, operations, results of operations, assets, condition (financial or otherwise) of the Buyer (a "Buyer Material Adverse Effect").

Appears in 3 contracts

Samples: Stock Purchase Agreement (McLeodusa Inc), Stock Purchase Agreement (McLeodusa Inc), Stock Purchase Agreement (McLeodusa Inc)

Corporate Organization, etc. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of its incorporation and has all requisite with full corporate power and authority to own, lease and operate its properties and to carry on its business as it is now being conductedconducted and to own, except where the failure to have such power or authority is not, in the aggregate, reasonably likely to have a Material Adverse Effectoperate and lease its properties and assets.

Appears in 1 contract

Samples: Stock Purchase Agreement (Resortquest International Inc)

Corporate Organization, etc. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction its state of its incorporation and has all requisite full corporate power and authority to own, lease and operate its properties and to carry on its business as it is now being conducted, conducted and to own the properties and assets it now owns; is duly qualified or licensed to do business as a foreign corporation in good standing in the jurisdictions in which such qualification is required except where the jurisdictions in which failure to qualify to do business will have such power no material adverse effect on the business, prospects, operations, properties, assets or authority is not, in the aggregate, reasonably likely to have a Material Adverse Effectcondition (financial or otherwise).

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (FGX International Holdings LTD)

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Corporate Organization, etc. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted, except where the failure to have such power or authority is not, in the aggregate, reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tufco Technologies Inc)

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