Common use of Organization and Qualification of Seller Clause in Contracts

Organization and Qualification of Seller. Seller is a corporation and has all necessary power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation limited liability company, duly organized, validly existing, and in good standing under the laws of the State of Colorado. Seller has all necessary requisite power and authority to own, operate or own and lease the properties and assets now owned, operated or leased by it currently owns and leases and to carry on the Business conduct its activities as such activities are currently conducted. Seller is duly licensed or qualified to do business as a foreign limited liability company and is in good standing in each jurisdiction all jurisdictions in which the ownership or leasing of the Purchased Assets properties and assets owned or leased by it or the operation nature of the Business as currently conducted its activities makes such licensing or qualification necessary.

Organization and Qualification of Seller. Seller is a corporation corporation, duly organized, validly existing, and in good standing under the laws of the State of Colorado. Seller has all necessary requisite power and authority to own, operate or own and lease the properties and assets now owned, operated or leased by it currently owns and leases and to carry on the Business conduct its activities as such activities are currently conducted. Seller is duly licensed or qualified to do business as a foreign corporation and is in good standing in each jurisdiction all jurisdictions in which the ownership or leasing of the Purchased Assets properties and assets owned or leased by it or the operation nature of the Business as currently conducted its activities makes such licensing or qualification necessary.

Organization and Qualification of Seller. Seller is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of New York and has all necessary requisite power and authority to own, operate or conduct its business as then conducted and to own and lease the its properties and assets now owned, operated or leased by it and to carry on the Business as currently conductedassets. Seller is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the ownership of the Purchased Assets its property or the operation conduct of the Business as currently conducted makes its business then requires such licensing or qualification necessaryqualification.

Organization and Qualification of Seller. Seller is a corporation duly organized and validly existing under the Laws of the state of Washington and has all necessary full power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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 necessaryhas no subsidiaries.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the Commonwealth of Pennsylvania and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Nevada and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Shipwreck Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of New York and has all necessary full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business business as currently conducted. Seller is duly does not operate in any jurisdiction other than the State of New York which requires it to be licensed or qualified to do business and is 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 necessaryother jurisdiction.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of Illinois_ and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Nevada and has all necessary full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation corporation, and has all necessary requisite power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business his business as currently presently conducted and as proposed to be conducted. Seller is duly licensed or qualified has full power and authority to do business and is 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 necessaryenter into this Agreement.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of its jurisdiction of incorporation and has all necessary corporate or entity power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified conducted and contemplated to do business and is in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently be conducted makes such licensing or qualification necessarythrough Closing.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Illinois and has all necessary full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation Private Limited Company duly organized, validly existing and in good standing under the Laws of the United Kingdom and has all necessary full requisite power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a -------------------------------------------- corporation duly organized, validly existing and in good standing under the laws of British Virgin Islands. Seller has all necessary full corporate power and authority to own, operate conduct its business as now conducted and to own or lease and operate the properties assets and assets property now owned, operated owned or leased or operated by it and to carry on the Business as currently conductedit. Seller is duly licensed or qualified to do transact business and is in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently conducted makes those jurisdictions wherein its business requires such licensing or qualification necessaryaction.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as it is currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation corporation, duly incorporated, validly existing and in good standing under the Laws of the State of Alabama. Seller has all necessary requisite corporate power and authority to own, operate own or lease the and operate its properties and assets now owned, operated or leased by it and to carry on the Business its business as currently presently conducted. Seller , and is duly qualified or licensed or qualified to do business and is in good standing in each jurisdiction in which where the ownership conduct of the Purchased Assets its business requires such qualification or the operation of the Business as currently conducted makes such licensing or qualification necessarylicense.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing, and in good standing under the laws of the State of Washington, and has all necessary requisite power and authority to own, operate or lease own the properties and assets now owned, operated or leased by it Assets and to carry on conduct its activities in connection with the Business System as such activities are currently conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation an individual, and has all necessary requisite power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business his business as currently presently conducted and as proposed to be conducted. Seller has full power and authority to enter into this Agreement. The Company is duly licensed or qualified to do transact business and is 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 necessaryfailure to so qualify would have a Material Adverse Effect.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the ROC, and has all necessary requisite corporate power and authority to own, lease and operate or lease the its properties and assets now owned, operated or leased by it the Assets and to carry on the Business its business as currently now being conducted. Seller is duly licensed or qualified to do business and is 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.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Washington and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it Purchased Assets and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the ownership state of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessaryWashington.

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware and has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is 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.