Common use of Incorporation and Corporate Power Clause in Contracts

Incorporation and Corporate Power. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Minnesota, with the requisite corporate power and authority to enter into this Agreement and perform its obligations hereunder.

Appears in 12 contracts

Samples: Stock Purchase Agreement (Cyberoptics Corp), Asset Purchase Agreement (Nutrition Medical Inc), Stock Purchase Agreement (Norstan Inc)

AutoNDA by SimpleDocs

Incorporation and Corporate Power. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws Laws of the State of Minnesota, with the requisite corporate power and authority to enter into this Agreement and perform its obligations hereunder.obligations

Appears in 2 contracts

Samples: Share Purchase Agreement (Adc Telecommunications Inc), Share Purchase Agreement (Gentek Inc)

Incorporation and Corporate Power. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Minnesota, with the requisite corporate power and authority to enter into this Agreement and perform its obligations hereunder. The Company is duly qualified and in good standing in each jurisdiction in which the conduct of its business or the ownership or leasing of its properties requires it to be qualified.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fourth Shift Corp)

AutoNDA by SimpleDocs

Incorporation and Corporate Power. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Minnesota, with the requisite corporate power and authority to enter into this Agreement and perform its obligations hereunderunder this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imagyn Medical Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!