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 Florida. Purchaser has all requisite corporate power to carry on its business as now conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spinplanet Com Inc), Purchase Agreement (Gateways to Space Inc)

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Organization and Standing of Purchaser. Purchaser is a -------------------------------------- corporation duly organized, validly organized and existing and in good standing under the laws of the State of Florida. Purchaser , and has all requisite corporate necessary power to own its property and to carry on its business as now presently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Auction Anything Com Inc)

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Organization and Standing of Purchaser. Purchaser is a corporation duly organized, validly existing organized and in good standing under the laws of the State of Florida. Except for qualification in the State of New York, Purchaser has all requisite corporate power is not required to carry on its do business in any other jurisdiction. Copies of the Certificate of Incorporation, as now conductedamended, to date and the by-laws of Purchaser, as amended, to date, have been delivered to Seller and are complete and correct as of the date of this agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (RMS Titanic Inc)

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