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

Organization, Good Standing, Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to own the Purchased Assets and to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to perform all the obligations to be performed by it pursuant to this Agreement.

Organization, Good Standing, Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws Laws of the jurisdiction of its jurisdiction of incorporation and has all requisite corporate formation or organization. Buyer possesses full power and authority necessary to own the Purchased Assets own, operate and lease its properties and to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to perform carry on its businesses in all the obligations to be performed by it pursuant to this Agreementmaterial respects as presently conducted.

Organization, Good Standing, Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to own and lease the Purchased Assets and to execute and deliver this AgreementAgreement and the Ancillary Agreements to which Buyer is a party, to consummate the transactions contemplated hereby and thereby and to perform all the obligations terms and conditions hereof and thereof to be performed by it pursuant to this Agreementit.

Organization, Good Standing, Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws Laws of the jurisdiction of its jurisdiction of incorporation and has all formation or organization. Buyer possesses the requisite corporate power and authority necessary to own the Purchased Assets and operate its properties and assets and to execute carry on its businesses in all material respects as presently conducted and deliver this Agreement, to consummate the transactions as contemplated hereby and to perform all the obligations to be performed by it pursuant to this Agreementconducted immediately after the Closing.

Organization, Good Standing, Power. Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to own the Purchased Assets and to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to perform all the obligations to be performed by it pursuant to this Agreement.