Common use of Organization of Seller Clause in Contracts

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of California, and has all requisite corporate power and authority to act as it is now being conducted and to own or lease and to develop its properties.

Organization of Seller. Seller is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of California, and has all requisite with full corporate power and authority to act conduct the Business as it is now being conducted by it, and to own or lease and use the properties it purports to develop its propertiesown and use in the conduct of the Business.

Organization of Seller. Seller is a corporation duly organized, ---------------------- validly existing and in good standing under the laws of the State of California, and . Seller has all requisite the corporate power to own its properties and authority assets and to act carry on its business as it is now being conducted conducted. Seller is duly qualified to do business and in good standing as a foreign corporation in each jurisdiction in which the failure to be so qualified would have a material adverse effect on the Assets (or the rights of Buyer in and to own or lease and to develop its propertiesthe Assets).

Organization of Seller. The Seller is a corporation duly organized, validly existing existing, and in good standing under the laws of California, and has all requisite corporate power and authority to act as it is now being conducted and to own or lease and to develop its properties.

Organization of Seller. Seller is a corporation duly organized, ---------------------- validly existing and in good standing under the laws of the State of California, . Seller is duly qualified to carry on the Business as now conducted and is in good standing in each of the jurisdictions in which the ownership or leasing of the Purchased Assets or the conduct of the Business requires such qualification. Each such jurisdiction is identified in Section 4.1 of the Disclosure Letter. Seller has all requisite full corporate power and authority to act as it is now being conducted and to own or lease and to develop its propertiesoperate and use the Purchased Assets and to carry on the Business as now conducted.

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws Laws of the State of California, and has all requisite corporate power and authority is qualified to act as it is now being conducted and to own or lease and to develop its propertiesdo business in the State of California.

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of California, the State of California and has all requisite the corporate power and lawful authority to act own, lease and operate its assets, properties and business and to carry on its businesses in all material respects as it is now being conducted and to own or lease and to develop its propertiesconducted.

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the state of California, and has all requisite corporate power and authority to act as it own and operate the Business in the places where the Business is now being conducted and to own directly own, lease, and operate the Assets. Seller is duly qualified or lease licensed to do business as a corporation in each of the jurisdictions in which the nature of the Business or location of properties related to the Business requires such qualification or licensing and where the failure to develop its propertiesbe so qualified would have a material adverse effect on the Business.

Organization of Seller. Seller is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of California, and has all requisite corporate power and authority to act as it is now being conducted and to own or lease and to develop its properties.

Organization of Seller. Seller is a corporation limited liability company duly organized, validly existing and in good standing under the laws of California, the State of California and has all requisite corporate full power and authority to act as it is now being conducted carry on its current business and to own own, use and sell its assets and properties, including the Acquired Assets. Seller is duly qualified to do business and is in good standing under the laws of each state or lease and other jurisdiction in which the conduct of the Business Line requires such qualification, except where the failure to develop its propertiesbe so qualified is not reasonably anticipated to have a Material Adverse Effect.