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 Florida. The execution and delivery of this Agreement, and consummation of the transactions contemplated herein, have been duly and validly authorized by the board of directors (and shareholders, if necessary) of Buyer.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Oragenics Inc), Asset Purchase Agreement

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Organization of Seller. Seller is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of Florida. The execution Florida and delivery of has all requisite corporate power and authority necessary to enter into this Agreement, Agreement and consummation of the transactions contemplated herein, have been duly and validly authorized by the board of directors (and shareholders, if necessary) of Buyerperform its obligations hereunder.

Appears in 1 contract

Samples: Investment Agreement (American Shared Hospital Services)

Organization of Seller. Seller is a corporation duly organized, validly existing existing, and in good standing under the laws of the jurisdiction of the State of Florida. The execution and delivery of this Agreement, and consummation of the transactions contemplated herein, have been duly and validly authorized by the board of directors (and shareholders, if necessary) of Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Intercontinental Technology, Inc.)

Organization of Seller. Seller is a corporation duly organized, validly ---------------------- existing and in good standing under the laws of the State of Florida. The execution Seller has all requisite corporate power and delivery of this Agreement, authority to own and consummation of use the transactions contemplated herein, properties owned and used by it and to carry on its business as currently conducted. Seller is duly qualified or licensed to do business and in good standing in each juris-diction in which the failure to be so qualified or licensed would have been duly and validly authorized by the board of directors (and shareholders, if necessary) of Buyera Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (FTS Apparel Inc)

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. The execution and delivery of this Agreement, and consummation of the transactions contemplated herein, have been duly has full power and validly authorized by the board of directors (corporate authority to conduct its business as it is presently being conducted and shareholders, if necessary) of Buyerto own and lease its properties and assets.

Appears in 1 contract

Samples: Stock Purchase Agreement (Heico Corp)

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Organization of Seller. Seller is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Florida. The execution Seller has full power and delivery of this Agreementauthority to carry on the business in which it is engaged, and consummation of to own and use the transactions contemplated herein, have been duly properties owned and validly authorized used by the board of directors (and shareholders, if necessary) of Buyerit.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cryolife Inc)

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. The execution Seller has all requisite corporate power and delivery of this Agreement, authority to own and consummation of use the transactions contemplated herein, properties owned and used by it and to carry on its business as currently conducted. Seller is duly qualified or licensed to do business and in good standing in each juris-diction in which the failure to be so qualified or licensed would have been duly and validly authorized by the board of directors (and shareholders, if necessary) of Buyera Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (FTS Apparel Inc)

Organization of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. The execution Florida and delivery of this Agreement, has full corporate power and consummation of the transactions contemplated herein, have been duly authority to own or lease and validly authorized by the board of directors (to operate and shareholders, if necessary) of Buyeruse its properties and assets and to carry on its business as now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pacer Health Corp)

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