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 and has all requisite corporate power and authority to enter into this Agreement, to carry out the transactions contemplated hereby and to perform its obligations hereunder.

Appears in 1 contract

Samples: Acquisition Agreement (Mail Well I Corp)

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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 of Delaware and Delaware, has all requisite corporate power and authority to enter into this Agreementown, lease and operate its business as presently conducted. Purchaser is in good standing and qualified to carry out do business in the transactions contemplated hereby and to perform its obligations hereunderState of New Jersey.

Appears in 1 contract

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

Organization and Standing of Purchaser. Purchaser is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite corporate power and authority to enter into this Agreementown, lease and operate its assets, and to acquire the Transferred Interest, and to carry out the transactions contemplated hereby and on its business as currently conducted. Purchaser is licensed or qualified as a foreign corporation authorized to perform its obligations hereunderdo business in each jurisdiction where such license or qualification is required.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Deltic Timber Corp)

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

Appears in 1 contract

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

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