Common use of Organization and Standing of Buyer Clause in Contracts

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of North Carolina.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Kilovac International Inc), Asset Purchase Agreement (Communications Instruments Inc), Asset Purchase Agreement (Communications Instruments Inc)

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Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of North CarolinaCarolina and has all requisite corporate power and authority to enter into this Agreement and perform its obligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Martin Marietta Materials Inc)

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