Common use of Due Organization, Good Standing and Power Clause in Contracts

Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite corporate and other power and authority to enter into this Agreement and any other agreement contemplated hereby and to perform its obligations hereunder and thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Granite Financial Inc)

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Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware and has the State of Delaware. Buyer has all requisite corporate and other power and authority to enter into this Agreement own, lease and any other agreement contemplated hereby operate its assets and to perform conduct the business being conducted by it. Buyer has delivered true, correct and complete copies of its obligations hereunder certificate of incorporation and thereunderby-laws to Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Instinet Group Inc)

Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite corporate and other power and authority to enter into this Agreement and any each other agreement contemplated hereby and expressly provided for herein, to perform its respective obligations hereunder and thereunderthereunder and to own, lease and operate its assets and to conduct its business as now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eagle Geophyical Inc)

Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite corporate and other power and authority to enter into this Agreement and any other agreement contemplated hereby and to perform its obligations hereunder and thereunderto own, lease and operate its assets and to conduct its business as now conducted.

Appears in 1 contract

Samples: Stock Exchange Agreement (First Wave Marine Inc)

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Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware and has the State of Delaware. Buyer has all requisite corporate and other power and authority to enter into this Agreement own, lease and any other agreement contemplated hereby operate its assets and to perform conduct the business being conducted by it. Buyer has delivered true, correct and complete copies of its obligations hereunder Certificate of Incorporation and thereunderBy-laws to ProTrader LP.

Appears in 1 contract

Samples: Interest Purchase Agreement (Instinet Group Inc)

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