Common use of Organization of Purchasers Clause in Contracts

Organization of Purchasers. Each Purchaser is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and has the requisite power and authority to own, lease and operate its properties, to conduct its business as it is presently being conducted, and to enter into and perform its obligations under this Agreement and the other Transaction Agreements.

Appears in 1 contract

Samples: Asset Purchase Agreement (Itc Deltacom Inc)

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Organization of Purchasers. Each Purchaser is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization each such entity’s organization, and has is qualified to do business in each jurisdiction in which the requisite power and authority to own, lease and operate its properties, to conduct operation of its business as it is presently being conducted, and to enter into and perform its obligations under this Agreement and the other Transaction Agreementsmakes such qualification necessary or desirable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ashford Hospitality Prime, Inc.)

Organization of Purchasers. Each Purchaser of the Purchasers is a corporation duly organized, validly existing and in good standing under the laws Laws of the jurisdiction of its organization and has the requisite power and authority to own, lease and operate its properties, to conduct its business as where it is presently being conducted, incorporated and to enter into and perform its obligations under this Agreement and the other Transaction Agreementswhere it operates.

Appears in 1 contract

Samples: Equity Purchase Agreement (Globant S.A.)

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Organization of Purchasers. Each Purchaser of the Purchasers has been duly formed and is duly organized, validly existing and as a corporation or other legal entity in good standing under the laws of the its jurisdiction of its organization and organization. Each of the Purchasers has the requisite full power and authority to own, lease execute and operate its properties, to conduct its business as it is presently being conducted, deliver this Agreement and to enter into and perform its obligations under this Agreement hereunder and to consummate the other Transaction Agreementstransactions contemplated hereby.

Appears in 1 contract

Samples: Note Purchase Agreement (Cadence Resources Corp)

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