Common use of Due Organization Clause in Contracts

Due Organization. Buyer is a duly organized legal entity, validly existing and in good standing under the laws of the state of its organization.

Appears in 30 contracts

Samples: Note Purchase Agreement (Kimberlin Kevin), Note Purchase Agreement (Vyteris Holdings (Nevada), Inc.), Note Purchase Agreement (Kimberlin Kevin)

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Due Organization. Buyer is a duly organized legal entityorganized, validly existing and in good standing under the laws of its jurisdiction of formation and has all requisite limited liability company power and authority to enter into this Agreement and to carry out its obligations hereunder and thereunder and to consummate the state of its organizationtransactions contemplated hereby and thereby.

Appears in 2 contracts

Samples: Purchase Agreement (Gmac LLC), Purchase Agreement (Residential Capital, LLC)

Due Organization. Buyer is a corporation duly organized legal entityorganized, validly existing and in good standing under the laws Laws of the state jurisdiction of its incorporation or organization.

Appears in 2 contracts

Samples: Stock Purchase Agreement (New Residential Investment Corp.), Equity Purchase Agreement (Gibraltar Industries, Inc.)

Due Organization. Buyer is a corporation duly organized legal entityorganized, validly existing and in good standing under the laws Laws of the state jurisdiction of its organizationincorporation.

Appears in 1 contract

Samples: Purchase Agreement (Digi International Inc)

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Due Organization. Buyer is a limited liability company duly organized legal entityorganized, validly existing and in good standing under the laws Laws of the its state of organization as set forth in the preamble to this Agreement, with full power and authority to own or lease its organizationproperties and to carry on the business in which it is engaged.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Standex International Corp/De/)

Due Organization. The Buyer is a corporation duly organized legal entityorganized, validly existing and in good standing under the laws of the state jurisdiction of its organization.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teknowledge Corp)

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