Common use of Organization of the Purchaser Clause in Contracts

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation.

Appears in 3 contracts

Samples: Investment Agreement (Henry Birks & Sons Inc), Investment Agreement (Mayors Jewelers Inc/De), Asset Purchase Agreement (Santi Group Inc /Ga)

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Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction State of its incorporationDelaware.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Softkey International Inc), Securities Purchase Agreement (Tribune Co), Purchase and Sale Agreement (Emerge Interactive Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, organized and validly existing and in good standing under the laws of the jurisdiction of British Columbia, and has all requisite power and authority to own, lease and operate its incorporationproperties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Mineral Claim Purchase Agreement (Laureate Resources & Steel Industries Inc.)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationorganization and has the requisite power and authority to own, operate and lease its properties and assets and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Amresco Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Jreck Subs Group Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, organized and validly existing and in good standing under the laws of the jurisdiction of its incorporationincorporation and has all necessary corporate power and authority to own, operate and lease its properties and to conduct its business as presently conducted. The Purchaser has not ceased making payments to creditors nor is it insolvent or unable to pay its debts.

Appears in 1 contract

Samples: Agreement for the Transfer of Omnicom Shares (Global Telesystems Group Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the its jurisdiction of organization and is licensed or qualified to transact business as a foreign corporation, and is in good standing, under the laws of all jurisdictions where its incorporationbusiness would require it to be so licensed or qualified except where the failure to be so licensed or qualified would not have a material adverse effect on the Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Barnes Group Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws Laws of the its jurisdiction of its incorporationorganization. The Purchaser has full authority to execute and deliver this Agreement and to perform the Purchaser’s obligations hereunder and to consummate the transactions contemplated hereby, including, without limitation, to buy (pursuant to this Agreement) the Initial Shares, the Pledged Stock and the Returned Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Federal-Mogul Corp)

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Organization of the Purchaser. The Such Purchaser is a corporation duly organized, organized and validly existing and in good standing under the laws of the jurisdiction of its incorporationorganization and has the requisite power and authority to carry on its business as now being conducted.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock and Warrant Purchase Agreement (Vixel Corp)

Organization of the Purchaser. The Purchaser is a corporation corporation, partnership or other entity duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation.incorporation or organization and has the requisite entity power to own its assets and to carry on its business

Appears in 1 contract

Samples: Stock Purchase Agreement (Lot78, Inc.)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporationformation and has full corporate power and authority to carry on its business as now conducted.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Ucbh Holdings Inc)

Organization of the Purchaser. The Purchaser is a corporation duly organized, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporationUtah.

Appears in 1 contract

Samples: Share Purchase Agreement (Gentner Communications Corp)

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