Common use of Existence and Capacity Clause in Contracts

Existence and Capacity. Buyer is a corporation, duly organized and validly existing in good standing under the laws of the State of Delaware. Buyer has the requisite power, authority and legal right to enter into this Agreement, to perform its obligations hereunder, and to conduct its business as now being conducted.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Psychiatric Solutions Inc), Asset Purchase Agreement (Psychiatric Solutions Inc), Asset Purchase Agreement (Psychiatric Solutions Inc)

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Existence and Capacity. Buyer is a corporationlimited liability company, duly organized and validly existing in good standing under the laws of the State of Delaware. Buyer has the requisite power, power and authority and legal right to enter into this Agreement, to perform its obligations hereunder, 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. Buyer is a corporationlimited partnership, duly organized and organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has the requisite power, power and authority and legal right 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 (Cyberguard Corp)

Existence and Capacity. Buyer is a corporation, duly organized and validly existing in good standing under the laws of the State of Delaware. Each Buyer Entity is a limited liability company, duly organized and validly existing in good standing under the laws of the State of Delaware. Buyer has the requisite power, power and authority and legal right to enter into this Agreement, Agreement and to perform its obligations hereunder, . Buyer and each Buyer Entity has the requisite power and authority to conduct its business as it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ardent Health Services LLC)

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Existence and Capacity. Buyer is a not-for-profit corporation, duly organized and validly existing in good standing under the laws of the State of Delaware. Buyer Xxxxx has the requisite power, power and authority and legal right to enter into this Agreement, to perform its obligations hereunder, and to conduct its business as now being conducted.. Each Buyer Entity is a corporation or limited liability company which will be disregarded for tax purposes such that it will benefit from Buyer’s not-for-profit status, duly organized and validly existing in good standing under the laws of the

Appears in 1 contract

Samples: Asset Purchase Agreement (Community Health Systems Inc)

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