Common use of Organization, Power and Authority of Buyer Clause in Contracts

Organization, Power and Authority of Buyer. Buyer has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Interiors Inc), Stock Purchase Agreement (Interiors Inc), Stock Purchase Agreement (Bentley International Inc)

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Organization, Power and Authority of Buyer. Buyer has been duly organized and is existing as a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware with full Delaware, and has all requisite corporate power and authority (corporate to enter into this Agreement and other) to own all other agreements, instruments and lease its properties documents contemplated hereby and to conduct perform its business as currently conductedobligations hereunder and thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spectrx Inc)

Organization, Power and Authority of Buyer. (a) Buyer has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted. Buyer has been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of each jurisdiction in which the nature of its business or location of its properties requires such qualification and in which the failure to so qualify would have a Material Adverse Effect on the business or operations of Buyer.

Appears in 1 contract

Samples: Merger Agreement (L90 Inc)

Organization, Power and Authority of Buyer. Buyer has been is a corporation duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware Delaware, with full corporate power and authority (corporate and other) to own and lease its properties enter into this Agreement and to conduct its business as currently conductedcarry out the transactions and agreements contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Zila Inc)

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Organization, Power and Authority of Buyer. Buyer has ------------------------------------------ been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interiors Inc)

Organization, Power and Authority of Buyer. Buyer ------------------------------------------ has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Howard Jerry Wayne)

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