Common use of Existence and Good Standing; Authority Clause in Contracts

Existence and Good Standing; Authority. The Standby Purchaser is a limited liability company validly existing and in good standing under the laws of the State of Delaware, with all requisite power and authority to own, lease and carry on its business as presently conducted.

Appears in 5 contracts

Samples: Standby Purchase Agreement (AmBase Corp), Standby Purchase Agreement (Barc Investments LLC), Stock Purchase Agreement (Famous Daves of America Inc)

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Existence and Good Standing; Authority. The Standby Purchaser is a limited liability company validly existing and in good standing under the laws of the State of Delaware, with Delaware and has all requisite power and authority to own, lease and carry on its business as presently now conducted.

Appears in 1 contract

Samples: Standby Purchase Agreement (Accelerate Diagnostics, Inc)

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