Common use of Organization and Standing of Seller Clause in Contracts

Organization and Standing of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Missouri. Seller has full corporate power and authority to own and lease all of the properties and assets it now owns and leases and to carry on its business as now being conducted. To the Knowledge of Seller, Seller is in substantial compliance with applicable laws.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Organization and Standing of Seller. Seller is a corporation general partnership duly organized, validly existing and in good standing under the laws of the State of Missouri. Seller Missouri and has full corporate all necessary power and authority to own and lease all of the properties and its assets it as now owns and leases owned and to carry on its business as now being conducted. To the Knowledge of Seller, Seller is in substantial compliance with applicable laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Source Information Management Co)

Organization and Standing of Seller. Seller is a corporation duly organized, an entity validly existing and in good standing (or the jurisdictional equivalent) under the laws of its jurisdiction of formation and is registered to do business in the State of Missouri. Seller has full jurisdiction in which it operates, and has, subject to the Bankruptcy Code and the Bankruptcy Court and any applicable Order, all necessary corporate power and authority to own and own, operate or lease all of the material properties and material assets now owned, operated or leased by it now owns and leases and to carry on its business as now being it is currently conducted. To the Knowledge of Seller, Seller is in substantial compliance with applicable laws.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Organization and Standing of Seller. Seller is a corporation duly organized, validly existing and limited liability company, in good standing under the laws of the State Commonwealth of MissouriKentucky. Seller has full corporate power and authority to own and lease all of the properties and assets it Acquired Assets as such Acquired Assets are now owns and leases owned and to carry on its business use the Acquired Assets as they are now being conducted. To the Knowledge of Seller, Seller is in substantial compliance with applicable lawsused.

Appears in 1 contract

Samples: Asset Purchase Agreement

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