Common use of Organization and Standing of Purchaser Clause in Contracts

Organization and Standing of Purchaser. Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 2 contracts

Samples: Class a Common Stock Purchase Agreement (Alset EHome International Inc.), Class a Common Stock Purchase Agreement (Document Security Systems Inc)

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Organization and Standing of Purchaser. Purchaser is a corporation, limited liability company or partnership corporation duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction state of Washington with all requisite corporate power and authority to carry on its incorporation or organizationbusiness as now being conducted and to own, operate and lease its property and assets.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Gargoyles Inc)

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Organization and Standing of Purchaser. Purchaser is a corporation, limited liability company or partnership corporation duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction state of its incorporation or organizationwith full corporate power and authority under its Articles of Incorporation and By-laws and applicable laws to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (National Energy Group Inc)

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