Common use of Corporate Clause in Contracts

Corporate. If the Seller is a corporation or limited liability company, it is duly organized and validly existing under the laws of its state of incorporation or formation. Seller has all requisite power and authority to enter into and perform its obligations under this Agreement and all other agreements to be executed and delivered by Seller hereunder and to consummate the transactions contemplated hereby.

Corporate. If the The Seller is a corporation or limited liability company, it is duly existing and organized and validly existing under the laws of its state jurisdiction of incorporation or formationand has not been dissolved. The Seller has all requisite corporate power and authority to enter into and perform own its obligations under this Agreement and all other agreements to be executed and delivered by Seller hereunder assets and to consummate carry on the transactions contemplated herebyBusiness, as such business is carried on as at the Closing Date, and has made all necessary filings under all applicable corporate and taxation laws or any other laws to which the Seller is subject.