Common use of Organization; Good Standing; Qualification Clause in Contracts

Organization; Good Standing; Qualification. The Purchaser, if it is an entity, is duly formed, validly existing and in good standing under the laws of its jurisdiction of organization and is qualified or registered to do business in each jurisdiction in which the nature of its business or operations requires such qualification or registration.

Appears in 10 contracts

Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp), Purchase Agreement (Sharper Image Corp)

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Organization; Good Standing; Qualification. The Such Purchaser, if it is an entity, is duly formed, validly existing and in good standing under the laws of its jurisdiction of organization and is qualified or registered to do business in each jurisdiction in which the nature of its business or operations requires such qualification or registration.

Appears in 2 contracts

Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp)

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Organization; Good Standing; Qualification. The Purchaser, if it Purchaser is an entity, is entity duly formedorganized or incorporated (as applicable), validly existing and in good standing (when such concept is applicable) under the laws of its the jurisdiction of organization its incorporation or organization, and is qualified or registered has the requisite power and authority to do business in each jurisdiction in which enter into and to consummate the nature of transactions contemplated by this Agreement and otherwise to carry out its business or operations requires such qualification or registrationobligations hereunder and thereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Airnet Technology Inc.)

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