Common use of Organization and Standing of Purchaser Clause in Contracts

Organization and Standing of Purchaser. Purchaser is a corporation duly organized, validly existing, and in good standing under the laws of the state of Texas, with corporate power to own property and carry on its business as it is now being conducted.

Appears in 10 contracts

Samples: Asset Purchase Agreement (Vpgi Corp), Stock Purchase Agreement (Uniview Technologies Corp), Stock Purchase Agreement (Integrated Performance Systems Inc)

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Organization and Standing of Purchaser. Purchaser is a corporation duly organized, validly existing, existing and in good standing under the laws of the state of Texas, with corporate . Purchaser has full requisite power and authority to own property and carry on its business as it is now being conductedbusiness.

Appears in 3 contracts

Samples: Asset Sale and Purchase Agreement (Bluegate Corp), Asset Sale and Purchase Agreement (Bluegate Corp), Asset Sale and Purchase Agreement (Bluegate Corp)

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