Common use of Organization of Acquirors Clause in Contracts

Organization of Acquirors. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of its state of formation and state of operations and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted. PC Buyer is a professional medical corporation duly organized, validly existing and in good standing under the Laws of its state of formation and state of operations and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (IPC the Hospitalist Company, Inc.), Asset Purchase Agreement (IPC the Hospitalist Company, Inc.)

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Organization of Acquirors. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of its state of formation and state states of operations operation and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted. PC Buyer is a professional medical corporation duly organized, validly existing and in good standing under the Laws of its state of formation and state states of operations operation and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (IPC the Hospitalist Company, Inc.)

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