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 Delaware, with corporate power to own property and carry on its business as it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (General Components, Inc.)

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

Appears in 1 contract

Samples: Asset Purchase Agreement and Assignment (Jvweb Inc)

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 Delaware, with corporate has all requisite power and authority to own property own, lease and carry on operate its business as it presently conducted. Purchaser is now being conductedin good standing and qualified to do business in the State of New Jersey.

Appears in 1 contract

Samples: Barterone Membership Interest Sale Agreement (Worldwide Web Networx Corp)

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 Delaware, with Delaware and has all requisite corporate power and authority to own property enter into this Agreement, to carry out the transactions contemplated hereby and carry on to perform its business as it is now being conductedobligations hereunder.

Appears in 1 contract

Samples: Acquisition Agreement and Plan (Mail Well I Corp)

Organization and Standing of Purchaser. Purchaser is a corporation duly organized, organized and validly existing, and in good standing existing under the laws of the State of Delaware, with corporate and has all requisite power and authority to own property own, lease and operate its assets, and to acquire the Transferred Interest, and to carry on its business as it currently conducted. Purchaser is now being conductedlicensed or qualified as a foreign corporation authorized to do business in each jurisdiction where such license or qualification is required.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Deltic Timber Corp)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (San Holdings Inc)

Organization and Standing of Purchaser. Purchaser is a corporation limited liability company, duly organized, validly existing, existing and in good standing under the laws of the State of Delaware, with corporate . Purchaser has the power and authority to own property purchase and carry on its acquire the Transferred Assets and to conduct the business as it is now presently being conductedconducted by it.

Appears in 1 contract

Samples: Asset Purchase Agreement

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Silverleaf Resorts Inc)

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

Appears in 1 contract

Samples: Stock Purchase Agreement (James River Group, INC)

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 Delaware, with and has all the corporate power and authority to own property execute this Agreement and carry on its business as it is now being conductedconsummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stellex Industries Inc)

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