Common use of Organization and Qualifications of Seller Clause in Contracts

Organization and Qualifications of Seller. The Seller is a corporation duly formed, validly existing and in good standing under the laws of the state of Nevada with all requisite power and authority to own, sell and transfer tSRT Assets and to carry on its business as currently conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (FBC Holding Inc.), Form of Asset Purchase Agreement (FBC Holding Inc.)

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Organization and Qualifications of Seller. The Seller is a corporation duly formed, validly existing and in good standing under the laws of the state of Nevada with all requisite power and authority to own, sell and transfer tSRT the Zoydan Assets and to carry on its business as currently conducted.

Appears in 1 contract

Samples: Purchase Assets Agreement (Hydrodynex, Inc.)

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Organization and Qualifications of Seller. The Seller is a corporation duly formed, validly existing and in good standing under the laws of the state of Nevada with all requisite power and authority to own, sell and transfer tSRT the Xxxxx Assets and to carry on its business as currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Multisys Language Solutions Inc)

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