Common use of Organization, Existence, etc Clause in Contracts

Organization, Existence, etc. The Buyer is duly formed or organized, validly existing and in good standing under the laws of the jurisdiction of its formation or organization, and is registered or qualified to conduct business in all other jurisdictions in which the failure to be so registered or qualified would materially and adversely affect the ability of the Buyer to perform its obligations hereunder.

Appears in 2 contracts

Samples: Asset Sale Agreement (Redwood Mortgage Investors IX), Asset Sale Agreement (Redwood Mortgage Investors Viii)

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Organization, Existence, etc. The Buyer Seller is duly formed or organized, validly existing and in good standing under the laws of the jurisdiction of its formation or organization, and is registered or qualified to conduct business in all other jurisdictions in which the failure to be so registered or qualified would materially and adversely affect the ability of the Buyer Seller to perform its obligations hereunder.

Appears in 2 contracts

Samples: Asset Sale Agreement (Redwood Mortgage Investors IX), Asset Sale Agreement (Redwood Mortgage Investors Viii)

Organization, Existence, etc. The Buyer is duly formed or organized, validly existing and in good standing under the laws of the jurisdiction of its formation or organization, and is registered or qualified to conduct business in all other jurisdictions in which the failure to be so registered or qualified would materially and adversely affect the ability of the Buyer to perform its obligations hereunder.. 5.2

Appears in 1 contract

Samples: Asset Sale Agreement (Amerant Bancorp Inc.)

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Organization, Existence, etc. The Buyer is duly formed or organized, validly existing and in good standing under the laws of the jurisdiction of its formation or organization, and is registered or qualified to conduct business in all other jurisdictions in which the failure to be so registered or qualified would materially and adversely affect the ability of the Buyer to perform its obligations hereunder.

Appears in 1 contract

Samples: Loan Purchase and Assumption Agreement (EWaste Systems, Inc.)

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