Common use of Organization, Good Standing and Corporate Power Clause in Contracts

Organization, Good Standing and Corporate Power. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware. Buyer has the corporate power to carry on its business as it is now being conducted and to own, lease and operate the properties and assets used in connection therewith. Buyer has full corporate power to purchase and take title to the Purchased Assets from Seller and to perform the other covenants of Buyer under this Agreement.

Organization, Good Standing and Corporate Power. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Delaware. Buyer , is duly qualified as a foreign corporation in the State of Texas, and has the all requisite corporate power and authority to carry on its business as it is now being conducted presently conducted, to enter into this Agreement and to own, lease and operate the properties and assets used in connection therewith. Buyer has full corporate power to purchase and take title to the Purchased Assets from Seller and to perform the other covenants of Buyer under this Agreementits obligations hereunder.

Organization, Good Standing and Corporate Power. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Delaware. Buyer Delaware and has the corporate power to carry on execute and deliver this Agreement and perform its business as it is now being conducted and to own, lease and operate the properties and assets used in connection therewith. Buyer has full corporate power to purchase and take title to the Purchased Assets from Seller and to perform the other covenants of Buyer under this Agreementobligations hereunder.

Organization, Good Standing and Corporate Power. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Delaware. Buyer Delaware and has the full corporate power and authority to carry on conduct and to own its business assets as it is now presently being conducted and to own, own and lease and operate the its properties and assets used in connection therewith. Buyer has full corporate power to purchase and take title to the Purchased Assets from Seller and to perform the other covenants of Buyer under this AgreementAssets.