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 the State of California, with full corporate power and authority to conduct the Business as now being conducted by it, and to own and use the properties it purports to own and use in the conduct of 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, with full and has all requisite corporate power and authority to conduct the Business act as it is now being conducted by it, and to own or lease and use the properties it purports to own and use in the conduct of the Businessdevelop its properties.

Organization of Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the State of California, with full corporate power and authority to conduct the Business as now being conducted by it, and to own and use the properties it purports to own and use in the conduct of the Business.

Organization of Seller. Seller is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the State of California, with full corporate power and authority is qualified to conduct the Business as now being conducted by it, and to own and use the properties it purports to own and use do business in the conduct State of the BusinessCalifornia.

Organization of Seller. Seller is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of California, with full California and has the corporate power and lawful authority to conduct the Business own, lease and operate its assets, properties and business and to carry on its businesses in all material respects as now being conducted by it, and to own and use the properties it purports to own and use in the conduct of the Businessconducted.

Organization of Seller. Seller is a corporation duly organized, ---------------------- validly existing, existing and in good standing under the laws of the State of California, with full . Seller has the corporate power to own its properties and authority assets and to conduct the Business carry on its business as now being conducted by it, 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 and use the properties it purports to own and use in the conduct of the BusinessAssets).

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

Organization of Seller. Seller is a corporation duly organized, validly existing, existing and in good standing under the laws of the State state of California, with full corporate and has all requisite power and authority to conduct own and operate the Business as in the places where the Business is now being conducted by itand to directly own, lease, and operate the Assets. Seller is duly qualified or licensed to own 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 use where the properties it purports failure to own and use in the conduct of be 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, with . 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 full corporate power and authority to conduct own or lease and to operate and use the Purchased Assets and to carry on the Business as now being conducted by it, and to own and use the properties it purports to own and use in the conduct of the Businessconducted.