Organization and Standing of the Purchaser. The Purchaser is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Clark Inc), Note Purchase Agreement (Mortgage Com Inc), Note Purchase Agreement (Mortgage Com Inc)
Organization and Standing of the Purchaser. The Purchaser is duly organized, validly existing and in good standing under the laws of the its jurisdiction of its organizationincorporation or formation and has all requisite power and authority to execute, deliver and, as applicable, perform its obligations under this Agreement.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Bally Total Fitness Holding Corp), Stock Purchase Agreement (Wattles Mark J)
Organization and Standing of the Purchaser. The Purchaser is duly organized, validly existing and in good standing under the laws of the its jurisdiction of its organizationincorporation or formation and has all requisite power and authority (i) to own, lease and operate its properties, to carry on its business as now being conducted and (ii) to execute, deliver and, as applicable, perform its obligations under this Agreement.
Appears in 1 contract
Samples: Stock Purchase Agreement (Bally Total Fitness Holding Corp)
Organization and Standing of the Purchaser. The Purchaser Each of the Purchasers is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.
Appears in 1 contract
Samples: Transfer Restriction Agreement (Telebanc Financial Corp)
Organization and Standing of the Purchaser. [The Purchaser is duly an entity organized, validly existing and in good standing under the laws of the jurisdiction of its organization].
Appears in 1 contract
