Common use of Organization of Parent Clause in Contracts

Organization of Parent. Parent is a limited partnership, duly formed, validly existing and in good standing under the Laws of the State of Delaware and has the requisite power and authority to own or lease its assets and to conduct its business as it is now being conducted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc)

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Organization of Parent. Parent is a limited partnership, liability company duly formedorganized, validly existing and in good standing under the Laws laws of the State of Delaware and has the requisite Delaware, with full legal power and authority to own or lease its assets and to conduct its business as it is now being conducted, to own or use the properties and assets that it purports to own or use, and to perform all its obligations under Contracts to which it is party.

Appears in 1 contract

Samples: Merger Agreement (Maxum Petroleum Holdings, Inc.)

Organization of Parent. Parent is a limited partnership, duly formedorganized, validly existing and in good standing under the Laws laws of the State of Delaware Delaware, and has the requisite full corporate power and authority to own or lease enter into and perform its assets and to conduct its business as it is now being conductedobligations under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Crain Industries Inc)

Organization of Parent. (a) . Parent is a limited partnership, corporation duly formedorganized, validly existing and in good standing under the Laws laws of the State of Delaware and has the requisite power and authority to own or lease its assets and to conduct its business as it is now being conductedDelaware.

Appears in 1 contract

Samples: Equity Purchase Agreement (RTI Surgical Holdings, Inc.)

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Organization of Parent. Parent is a limited partnership, corporation duly formedorganized, validly existing existing, and in good standing under the Laws laws of the State of Delaware Delaware. Parent has all requisite corporate power to own, lease, and has the requisite power and authority to own or lease operate its assets properties and to conduct carry on its business as it is now being conducted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pc Tel Inc)

Organization of Parent. Parent is a limited partnership, corporation duly formedorganized, validly existing and in good standing under the Laws laws of the State of Delaware and Delaware, has the all requisite corporate power and authority to own or lease its assets execute and deliver this Agreement and to conduct perform its obligations hereunder, and is in good standing in each jurisdiction where the nature of its business or the character of its properties makes such qualification necessary, and where the failure to so qualify would have a material adverse effect on its assets, operations or financial condition, taken as it is now being conducteda whole.

Appears in 1 contract

Samples: Stock Purchase Agreement (MSC Software Corp)

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