Common use of Organization of Purchaser Clause in Contracts

Organization of Purchaser. Purchaser (a) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (b) has the corporate power to own its property and to carry on its business as now being conducted by it, and (c) is duly qualified to transact business and is, or by the Closing Date will be, in good standing in all states reflected on Schedule 5.1.

Organization of Purchaser. Purchaser (a) is a corporation duly organized, validly existing and in good standing under the laws of the state its jurisdiction of formation, has all power and capacity to own, lease and operate its organization, (b) has the corporate power to own its property properties and to carry on its business as it is now being conducted by it, and (c) is duly qualified to transact business and is, or by the Closing Date will be, in good standing to do business in all states reflected on Schedule 5.1each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

Organization of Purchaser. Purchaser (a) is a corporation duly organized, validly existing and in good standing under the laws of the state of its organization, (b) has the corporate power to own its property and to carry on its business as now being conducted by it, and (c) is duly qualified to transact business and is, or by the Initial Closing Date will be, in good standing in all states reflected on Schedule 5.1.

Organization of Purchaser. Purchaser (a) is a corporation duly organized, validly existing and in good standing under the laws of the state jurisdiction of its organization, (b) and has all requisite power and authority to execute and deliver this Agreement and the corporate power to own its property Ancillary Agreements and to carry on its business as now being conducted by it, consummate the transactions contemplated hereby and (c) is duly qualified to transact business and is, or by the Closing Date will be, in good standing in all states reflected on Schedule 5.1thereby.

Organization of Purchaser. Such Purchaser (a) is a corporation (or other entity) duly organized, validly existing existing, and in good standing under the laws Laws of the state jurisdiction of its organization, incorporation (b) has the corporate power to own its property and to carry on its business as now being conducted by it, and (c) is duly qualified to transact business and is, or by the Closing Date will be, in good standing in all states reflected on Schedule 5.1other formation).