Common use of Organization; Good Standing; Delivery of Charter Documents Clause in Contracts

Organization; Good Standing; Delivery of Charter Documents. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Texas. Purchaser is duly qualified or licensed as a foreign corporation in each jurisdiction in which its assets are owned or leased, or the nature of its business makes such qualification or licensing necessary, except those jurisdictions wherein the failure to so qualify could not have a Material Adverse Effect on Purchaser. Prior to the Signing Date, Purchaser has delivered to Seller true and complete copies of Purchaser's Charter Documents as in effect on the Signing Date.

Organization; Good Standing; Delivery of Charter Documents. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Texas. Purchaser is duly qualified or licensed as a foreign corporation in each jurisdiction in which its assets are owned or leased, or the nature of its business makes such qualification or licensing necessary, except those jurisdictions wherein the failure to so qualify could not have a Material Adverse Effect on Purchaser. Prior to the Signing Date, Purchaser has delivered to Seller Company and Sellers' Agent true and complete copies of Purchaser's Charter Documents as in effect on the Signing Date.

Organization; Good Standing; Delivery of Charter Documents. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Texas. Purchaser is duly qualified or licensed as a foreign corporation in each jurisdiction in which its assets are owned or leased, or the nature of its business makes such qualification or licensing necessary, except those jurisdictions wherein the failure to so qualify could not have a Material Adverse Effect on Purchaser. Prior to the Signing Date, Purchaser has delivered to Seller Company and Sellers true and complete copies of Purchaser's Charter Documents as in effect on the Signing Date.