Common use of Organization of Sellers Clause in Contracts

Organization of Sellers. Such Seller which is a corporation or other entity, is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation (or other formation).

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (Intrexon Corp), Membership Interest Purchase Agreement (Intrexon Corp)

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Organization of Sellers. Such If the Seller which is a corporation or other entitycorporation, the Seller is duly organized, validly existing, and and, where applicable, in good standing under the laws of the jurisdiction of its incorporation (or other formation)incorporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Sonic Foundry Inc)

Organization of Sellers. Such If such Seller which is a corporation corporation, partnership, limited liability company, trust or other entity, such Seller is duly incorporated or organized, validly existing, existing and in good standing (to the extent its jurisdiction of organization recognizes the concept of good standing) under the laws of the its jurisdiction of incorporation or organization, and has all requisite corporate or similar power and authority to own, lease and operate its incorporation (or other formation)properties and assets and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement (J2 Global Communications Inc)

Organization of Sellers. Such Each Seller which is a ----------------------- corporation or other entity, is duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its incorporation (or other formation).

Appears in 1 contract

Samples: Purchase Agreement (Viskase Companies Inc)

Organization of Sellers. Such Each Seller which is a corporation or other (if an entity, ) is duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its incorporation (or other formation).

Appears in 1 contract

Samples: Stock Purchase Agreement (Nexeon Medsystems Inc)

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Organization of Sellers. Such The Seller which is a corporation or other entity, is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation (or other formation)incorporation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Neotherapeutics Inc)

Organization of Sellers. Such Other than Sxxxx Xxxxxx, such Seller which is a corporation or other entity, is duly organized, validly existing, existing and in good standing under the laws of the jurisdiction its state of organization, and has all requisite corporate or limited liability company, as applicable, power and authority to own, license, use, lease and operate its incorporation (or other formation)assets and properties and to carry on its business as it is now being conducted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Novation Companies, Inc.)

Organization of Sellers. Such Each Seller which is a corporation or other entity, is duly organized, validly existing, existing and in good standing under the laws of the jurisdiction of its incorporation (or other formation).

Appears in 1 contract

Samples: Purchase Agreement (Bemis Co Inc)

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