Common use of Corporate Standing Clause in Contracts

Corporate Standing. Buyer is a business entity duly organized, validly existing and in good standing under the laws of the State of New York. Buyer has full corporate power and authority to own its properties and to carry on its business as currently conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Document Security Systems Inc), Asset Purchase Agreement (Document Security Systems Inc)

AutoNDA by SimpleDocs

Corporate Standing. Buyer is a business entity corporation duly organized, validly existing and in good standing under the corporation and franchise tax laws of the State of New York. Buyer has full corporate power and authority to own its properties and to carry on its business as currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Document Security Systems Inc)

Corporate Standing. Buyer is a business entity corporation duly organized, validly existing and in good standing under the laws of the State of New York. Buyer has Missouri with full corporate power and authority to own its own properties and to carry on its own business as currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Royal Precision Inc)

AutoNDA by SimpleDocs

Corporate Standing. Buyer is a business entity corporation duly organized, validly existing and in good standing under the corporation and franchise tax laws of the State of New York. Buyer has full corporate power and authority to own its properties and to carry on its business as currently conductedconducted and to own and use the assets currently owned and used by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Monro Muffler Brake Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!