Common use of Organization, Existence and Good Standing Clause in Contracts

Organization, Existence and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement (BurgerFi International, Inc.), Master Transfer Agreement (Comstock Holding Companies, Inc.)

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Organization, Existence and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State laws of Delaware.

Appears in 2 contracts

Samples: Stock Repurchase Agreement (Simon Worldwide Inc), Stock Repurchase Agreement (Everest Special Situations Fund Lp)

Organization, Existence and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State state of Delaware. The Company has full corporate power and authority to own, lease and operate all of its properties and assets and to carry on the Business as presently conducted and is qualified as a foreign corporation and is duly qualified or authorized to do business as a foreign corporation and is in good standing under the Laws of all jurisdictions where the nature of the Business or the nature and location of its assets requires such qualification and where the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (M/a-Com Technology Solutions Holdings, Inc.), Stock Purchase Agreement (Autoliv Inc)

Organization, Existence and Good Standing. The Company is a Delaware corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. The Company has all necessary corporate power to own its properties and assets and to carry on its business as presently conducted.

Appears in 2 contracts

Samples: Merger Agreement (Medpartners Inc), Merger Agreement (Talbert Medical Management Holdings Corp)

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Organization, Existence and Good Standing. The Company is a corporation Company duly organized, validly existing and in good standing under the Laws laws of the State of DelawareDelaware and has all requisite corporate power and authority to carry on its business as now being conducted and as proposed to be conducted, and is duly qualified as a foreign Company to do business and is in good standing in each other jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except where the failure to so qualify would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Exchange Agreement (Brigham Exploration Co)

Organization, Existence and Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. The Company has the requisite corporate power and authority to own its property, conduct its business as now being conducted and as contemplated to be conducted after the consummation of the transactions contemplated by this Agreement, and to enter into and carry out the provisions of this Agreement applicable to it.

Appears in 1 contract

Samples: Master Transaction Agreement (Texas Roadhouse, Inc.)

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