Common use of Corporate Standing Clause in Contracts

Corporate Standing. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of Delaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Dover Motorsports Inc)

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Corporate Standing. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of DelawareDelaware and will be qualified to do business in California.

Appears in 1 contract

Samples: Escrow Agreement (Dover Motorsports Inc)

Corporate Standing. The Buyer is a limited liability company Delaware corporation duly organized, validly existing existing, and in good standing under the laws of Delaware, with the corporate power to own its properties, carry on its business as now being conducted, and execute this Agreement to which it is a party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonic Innovations Inc)

Corporate Standing. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws Laws of Delawarethe State of Delaware with the power to own its respective assets and carry on its business as presently conducted. Buyer is duly qualified to do business and is in good standing in each state or other jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (Taurus Entertainment Companies Inc)

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Corporate Standing. Buyer is a limited liability company duly organized, validly existing existing, and in good standing under the laws of the State of Delaware, has corporate power to execute, deliver, and carry out the terms and provisions of this Agreement; to carry on its business as now being conducted; and as necessary is qualified to do business and is in good standing in the State of Utah.

Appears in 1 contract

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

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