Common use of Organization, Corporate Power and Authority Clause in Contracts

Organization, Corporate Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of California and is duly qualified to do business as a foreign corporation in the jurisdictions in which Buyer conducts its business, except where the failure to so qualify will not have a material adverse effect on Buyer’s ability to perform its obligations under the Transaction Documents. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Seracare Life Sciences Inc), Asset Purchase Agreement (Seracare Life Sciences Inc), Asset Purchase Agreement (Seracare Life Sciences Inc)

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Organization, Corporate Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of California state in which it is incorporated and is duly qualified to do business as a foreign corporation in the jurisdictions in which Buyer conducts its business, except where the failure to so qualify will not have a material adverse effect on materially interfere with Buyer’s ability to perform its obligations under the Transaction Documents. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Axcelis Technologies Inc)

Organization, Corporate Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of California and is duly qualified to do transact business as a foreign corporation in the all jurisdictions in which Buyer conducts its business, except where the failure so to so qualify will not have a material adverse effect on Buyer’s 's ability to perform its obligations under the Transaction Documentsthis Agreement. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party this Agreement and to perform its obligations thereunderhereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Jalate LTD Inc)

Organization, Corporate Power and Authority. Buyer is a ------------------------------------------- corporation duly organized, validly existing and in good standing under the laws of the State of California state in which it is incorporated and is duly qualified to do business as a foreign corporation in the jurisdictions in which Buyer conducts its business, except where the failure to so qualify will not have a material adverse effect on Buyer’s 's ability to perform its obligations under the Transaction Documents. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mindarrow Systems Inc)

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Organization, Corporate Power and Authority. Buyer Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of California and is duly qualified to do business as a foreign corporation in the jurisdictions in which Buyer Purchaser conducts its business, except where the failure so to so qualify will not have a material adverse effect on Buyer’s Purchaser's ability to perform its obligations under the Transaction Documents. Buyer Purchaser has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wellpoint Health Networks Inc /De/)

Organization, Corporate Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State states of California and is duly qualified to do business as a foreign corporation in the jurisdictions in which Buyer conducts its business, except where the failure to so qualify will not have a material adverse effect on Buyer’s ability to perform its obligations under the Transaction DocumentsDocuments to which it is a party. Buyer has all requisite corporate power and authority to execute and deliver the Transaction Documents to which it is a party and to perform its obligations thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Marijuana Co of America, Inc.)

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