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Common use of Existence; Good Standing Clause in Contracts

Existence; Good Standing. The Buyer is a statutory trust duly organized, validly existing and in good standing under the laws of the State of Delaware.

Appears in 10 contracts

Samples: Funding Agreement, Royalty Purchase Agreement (PTC Therapeutics, Inc.), Royalty Purchase Agreement

Existence; Good Standing. The Buyer is a statutory trust duly organized, validly existing and in good standing under the laws of the State of Delaware. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

Appears in 2 contracts

Samples: Revenue Participation Agreement, Revenue Participation Agreement (Sunesis Pharmaceuticals Inc)