Due Organization; Good Standing; Authority of Seller. The Seller is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Maine. The Seller has full right, power, and authority to own, lease and operate its properties and assets, and to carry on its business of providing physician practice management services including billing, consulting, software, business systems, related services and sometimes financing to physicians and other health care providers. The Seller is duly licensed, qualified and authorized to do business in each jurisdiction in which the properties and assets owned by it or the nature of the business conducted by it make such licensing, qualification and authorization legally necessary. The Seller is not in breach or violation of, and the execution, delivery and performance of this Agreement will not result in a breach or violation of, any of the provisions of the Seller's Articles or Bylaws.
Appears in 4 contracts
Samples: Assets Purchase Agreement (Acadia National Health Systems Inc), Assets Purchase Agreement (Acadia National Health Systems Inc), Assets Purchase Agreement (Acadia National Health Systems Inc)
