Common use of Organization and Qualification of Buyer Clause in Contracts

Organization and Qualification of Buyer. Buyer is duly organized, validly existing and in good standing under the Laws of its jurisdiction of formation, and Buyer has full corporate power and authority to own, operate or lease the properties and assets now respectively owned, operated or leased by it. Buyer is duly licensed or qualified to do business and are in good standing in each jurisdiction.

Appears in 3 contracts

Samples: Asset Purchase Agreement (808 Renewable Energy Corp), Asset Purchase Agreement (Token Communities Ltd.), Asset Purchase Agreement (Token Communities Ltd.)

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Organization and Qualification of Buyer. Buyer is duly organized, validly existing and in good standing under the Laws laws of the jurisdiction of its jurisdiction of formation, and incorporation. Buyer has full corporate power and authority to own, operate own or lease the all of its properties and assets to conduct its business in the manner and in the places where such properties are owned and leased or such business is now respectively owned, operated or leased conducted by it. Buyer is duly licensed or qualified it and to do business enter into and are in good standing in each jurisdictionperform the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Inksure Technologies Inc.)

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Organization and Qualification of Buyer. Buyer is duly organized, validly existing and in good standing under the Laws of its jurisdiction of formationBritish Columbia, Canada and Buyer has full corporate the requisite power and authority to own, operate or lease the properties and assets now respectively owned, operated or leased by itit and to carry on its business as currently conducted by Buyer. Buyer is duly licensed or qualified to do business as a foreign organization and are is in good standing in each jurisdictionjurisdiction where the character of its properties owned, operated or leased or the nature of its activities makes such qualification necessary.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nobilis Health Corp.)

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