Common use of Organization and Authority of Buyer Clause in Contracts

Organization and Authority of Buyer. Buyer is a corporation duly organized, validly existing and in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessary.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Furmanite Corp), Asset Purchase Agreement (Furmanite Corp), Asset Purchase Agreement (Englobal Corp)

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Organization and Authority of Buyer. Buyer is a corporation corporation, duly organized, validly existing and in good standing in each as a corporation under the laws of its jurisdiction in which of organization with the ownership of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessarypower and authority to enter into this Agreement and to perform its obligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Western Wireless Corp)

Organization and Authority of Buyer. (a) Buyer is a corporation duly organized, validly existing and in good standing in each jurisdiction in which under the ownership laws of the Purchased Assets or the operation state of the Business its incorporation. Buyer has heretofore delivered to Seller complete and correct copies of its Certificate of Incorporation and By-Laws as currently conducted makes such licensing or qualification necessaryin effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Submicron Systems Corp)

Organization and Authority of Buyer. Buyer is a corporation duly organized, validly existing and in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessary.. Asset Purchase Agreement 7/15/13

Appears in 1 contract

Samples: Asset Purchase Agreement (Englobal Corp)

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Organization and Authority of Buyer. (a) Buyer is a corporation duly organized, validly existing and and, to the extent such concept is recognized, in good standing in each jurisdiction in which under the ownership Laws of the Purchased Assets or jurisdiction of its incorporation. Buyer has full corporate power and authority to enter into this Agreement and the operation of other Ancillary Documents to which Buyer is a party, to carry out its obligations hereunder and thereunder and to consummate the Business as currently conducted makes such licensing or qualification necessarytransactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Membership Interest and Asset Purchase Agreement (Endo International PLC)

Organization and Authority of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the state of New York. Buyer is duly qualified to do business and in good standing in each jurisdiction in which the ownership of the Purchased Assets its properties or the operation of the Business its business as currently conducted makes such licensing or qualification necessary.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

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