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

Organization, Good Standing, Power. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. The Buyer has the requisite power, authority and capacity to own, lease and operate its properties and to carry on its intended business.

Appears in 2 contracts

Samples: Technology Purchase Agreement (American Card Technology Inc), Technology Purchase Agreement (American Card Technology Inc)

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Organization, Good Standing, Power. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. The Buyer has the requisite corporate power, authority and capacity to own, lease and operate its properties and to carry on its intended business. The Buyer has no subsidiaries or interest in any joint venture, partnership, limited liability company, limited liability partnership or any other entity.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Housing Inc)

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Organization, Good Standing, Power. The Buyer is a Delaware corporation duly organized, validly existing and in good standing under the laws of the State its jurisdiction of Delaware. The Buyer incorporation and has the all requisite power, corporate power and authority to own and capacity to own, lease and operate all of its properties and assets and to carry on its intended businessbusiness as it is now being conducted and as presently proposed to be conducted and to execute and deliver this Agreement and the Ancillary Agreements to which Buyer is a party, to consummate the Contemplated Transaction and to perform all the terms and conditions hereof and thereof to be performed by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Matthews International Corp)

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