Common use of Incorporation and Authority of Buyer Clause in Contracts

Incorporation and Authority of Buyer. (a) Buyer is a limited liability company duly incorporated, organized, validly existing and in good standing under the Laws of the State of Delaware. As of the Closing Date, each other Buyer Party is a corporation or other legal entity duly incorporated or organized, validly existing and in good standing under the Laws of the jurisdiction in which it is incorporated or organized.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ares Management Corp), Stock Purchase Agreement

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Incorporation and Authority of Buyer. (a) Buyer is a limited liability company corporation duly incorporated, organized, validly existing and in good standing under the Laws of the State of Delaware. As of the Closing Date, each other Each Buyer Party is a corporation or other legal entity duly incorporated or organized, validly existing and in good standing under the Laws of the jurisdiction in which it is incorporated or organized.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Beacon Roofing Supply Inc), Stock Purchase Agreement (United Fire Group Inc)

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Incorporation and Authority of Buyer. (a) Buyer is a limited liability company duly incorporated, organizedformed, validly existing and in good standing under the Laws of the State of Delaware. As of the Closing Date, each other Each Buyer Party is a corporation or other legal entity duly incorporated or organized, validly existing and in good standing under the Laws of the jurisdiction in which it is incorporated or organizedorganized (in the case of good standing, to the extent such jurisdiction recognizes such concept).

Appears in 1 contract

Samples: Equity Purchase Agreement (Navigant Consulting Inc)

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