Common use of Existence and Capacity Clause in Contracts

Existence and Capacity. Seller is a for-profit corporation, duly organized and validly existing in good standing under the laws of the State of Tennessee and validly qualified as a foreign corporation, in good standing, under the laws of the State of Georgia. Seller has the requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to conduct its business as now being conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sunlink Health Systems Inc), Asset Purchase Agreement (Sunlink Health Systems Inc)

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Existence and Capacity. Seller is a for-profit corporation, corporation duly organized and validly existing and in good standing under the laws of the State of Tennessee and validly qualified as a foreign corporation, in good standing, under the laws of the State of Georgia. Seller has the requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to conduct its business substantially as now being conducted.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (Sunlink Health Systems Inc), Asset Purchase Agreement (Sunlink Health Systems Inc)

Existence and Capacity. Seller is a for-profit corporation, duly organized and validly existing in good standing under the laws of the State of Tennessee and validly qualified as a foreign corporation, in good standing, under the laws of the State of Georgia. Seller has the requisite corporate power and authority to enter into this Agreement, the Ancillary Agreements, and the Closing Documents, to perform its obligations hereunder and thereunder and to conduct its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sunlink Health Systems Inc)

Existence and Capacity. Seller is a fornon-profit corporation, duly organized and validly existing in good standing under the laws of the State of Tennessee and validly qualified as a foreign corporation, in good standing, under the laws of the State of Georgia. Seller has the requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to conduct its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acadia Healthcare Company, Inc.)

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Existence and Capacity. Seller is a for-profit corporationlimited liability company, duly organized and validly existing in good standing under the laws of the State of Tennessee Georgia. Seller has the requisite power and validly qualified as a foreign corporationauthority to enter into this Agreement, in good standing, under the laws of the State of Georgiato perform its obligations hereunder. Seller has the requisite power and authority to enter into this Agreement, to perform its obligations hereunder and to conduct its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sunlink Health Systems Inc)

Existence and Capacity. Seller is a for-profit corporation, duly organized and validly existing in good standing under the laws of the State of Tennessee and validly qualified as a foreign corporation, in good standing, under the laws of the State of Georgia. Seller has the requisite corporate power and authority to enter into this Agreement, to perform its obligations hereunder and to conduct its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sunlink Health Systems Inc)

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