Common use of Corporate Standing Clause in Contracts

Corporate Standing. Seller is a corporation duly organized and validly existing and in good standing under the laws of the state of Delaware. Seller has the power to own its property, and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, and to carry on its business as now being conducted. Seller is duly qualified to do business in and is in good standing as a foreign corporation authorized to do business under the laws of the State of Utah.

Appears in 2 contracts

Samples: Option Agreement (High Plains Gas, Inc.), Asset Purchase Agreement (Headwaters Inc)

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Corporate Standing. Seller is a corporation duly organized and validly existing and in good standing under the laws of the state State of Delaware. Seller has the power to own its property, and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, and to carry on its business as now being conducted. Seller is duly qualified to do business in and is in good standing as a foreign corporation corporation, authorized to do business under the laws of the State States of UtahUtah and Pennsylvania.

Appears in 2 contracts

Samples: Purchase Agreement (Covol Technologies Inc), Purchase Agreement (Headwaters Inc)

Corporate Standing. Seller is Sellers are corporations or a corporation limited liability company duly organized and validly existing and in good standing under the laws of their states of organization as indicated in the state introductory paragraph of Delawarethis agreement. Seller has Sellers have the power to own its their property, and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, and to carry on its their business as now being conducted. Seller is Sellers are duly qualified to do business in and is are in good standing as a foreign corporation corporations or limited liability companies, authorized to do business under the laws of the State States of Utah.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Covol Technologies Inc), Asset Purchase Agreement (Covol Technologies Inc)

Corporate Standing. Seller is a corporation duly organized and organized, validly existing and in good standing under the laws of the state of Delaware. Seller has the power to own its property, and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, and to carry on its business as now being conducted. Seller is duly qualified to do business in and is in good standing as a foreign corporation authorized to do business current status under the laws of the State of UtahDelaware with full corporate authority to own its properties and conduct its business.

Appears in 1 contract

Samples: Purchase of Assets Agreement (Matlack Systems Inc)

Corporate Standing. Seller is a corporation limited liability company duly organized and validly existing and in good standing under the laws of the state State of Delaware. Seller , has the corporate power to own its property, and to execute, deliver deliver, and perform carry out the terms and provisions of this Agreement and each of the Transaction Documents applicable to itAgreement, and to carry on its business as now being conducted. Seller ; and as necessary, is duly qualified to do business in and is in good standing as a foreign corporation authorized to do business under the laws of in the State of Utah.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Bowie Resource Partners LP)

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Corporate Standing. Seller is a corporation duly organized and organized, validly existing and in good standing under the laws of the state State of Delaware. Seller Nevada, and has the full power and lawful authority to own its property, and operate all of the Assets and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, and to carry on conduct its business as and where the Business is now being conducted. Seller is duly qualified to do business in and is in good standing as a foreign corporation authorized to do business under the laws of the State of Utah.

Appears in 1 contract

Samples: Asset Purchase Agreement (Royal Precision Inc)

Corporate Standing. Seller is a corporation duly organized and organized, validly existing and in good standing under the laws of the state State of Delaware. Seller has the all requisite power and authority to own own, lease and operate its property, and to execute, deliver and perform this Agreement and each of the Transaction Documents applicable to it, properties and to carry on its business as now being conducted. Seller , and is duly qualified to do business in and is in good standing as a foreign corporation authorized to do in all jurisdictions in which the nature of its business under or the laws ownership or leasing of the State of Utahits properties makes such qualifications necessary.

Appears in 1 contract

Samples: Assets Purchase Agreement (National Techteam Inc /De/)

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