Common use of Existence and Capacity Clause in Contracts

Existence and Capacity. (a) Seller is a corporation, duly organized and validly existing in good standing under the laws of the State of Delaware. 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. Each Seller Entity is a limited partnership, limited liability company or corporation, duly organized and validly existing in good standing under the laws of the state of its formation or incorporation, as the case may be. Each Seller Entity has the requisite power and authority to conduct its business as now being conducted.

Appears in 2 contracts

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

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Existence and Capacity. (a) Seller is a corporation, duly organized and organized, validly existing and in good standing under the laws of the State of Delaware. Seller has the all requisite corporate power and authority to enter into execute and deliver this Agreement, to perform its obligations hereunder hereunder, consummate the transactions contemplated hereby, and to conduct its business as now being conducted. Each Seller Entity is a limited partnership, limited liability company or corporation, duly organized and validly existing in good standing under the laws of the state of its formation or incorporation, as the case may be. Each Seller Entity has the requisite power and authority to conduct its business as now being conducted.

Appears in 2 contracts

Samples: Purchase and Assignment Agreement (Crossroads Systems Inc), Purchase and Assignment Agreement

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Existence and Capacity. (a) Seller is a corporation, duly organized and validly existing in good standing under the laws of the State of Delaware. 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. Each Seller Entity is a limited partnership, limited liability company or corporation, duly organized and validly existing and in good standing under the laws of the state State of its formation or incorporation, as West Virginia. No Seller Entity has operations outside of West Virginia with respect to the case may beAssets. Each Seller Entity has the requisite power and authority to conduct its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Community Health Systems Inc)

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