Common use of Organization; Power and Authority Clause in Contracts

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite power and authority to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 12 contracts

Samples: Purchase Agreement (Family Golf Centers Inc), Purchase Agreement (Family Golf Centers Inc), Stock Purchase Agreement (Family Golf Centers Inc)

AutoNDA by SimpleDocs

Organization; Power and Authority. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite corporate power and authority to carry on its business as it is now being conducted, enter into this Agreement and all other agreements contemplated hereby and to execute, deliver and perform its obligations under this Agreement hereunder and to consummate the transactions contemplated herebythereunder.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Steinway Musical Instruments Inc), Stock Purchase Agreement (Allin Corp), Asset Purchase Agreement (Video City Inc)

Organization; Power and Authority. Purchaser is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has all requisite limited liability company power and authority to carry on own and operate its properties and assets and conduct its business and operations as it is now presently being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Centex Corp)

Organization; Power and Authority. The Purchaser is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of Delaware, and . The Purchaser has all requisite corporate power and authority to carry on its business as it is now being conductedenter into this Agreement, to execute, deliver purchase the Purchased Shares and to carry out and perform its obligations under the terms of this Agreement and to consummate the transactions contemplated herebyAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rodamco North America N V)

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all the requisite corporate power and authority to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Aviation Services Inc)

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite power and authority to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.all

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Alternative Living Services Inc)

Organization; Power and Authority. Purchaser is a corporation corporation, duly organized, validly existing and in good standing under the laws Laws of the State state of Delaware, and . Purchaser has all the requisite power and authority to carry on its business as execute and deliver this Agreement to which it is now being conducted, a party and to execute, deliver and perform its obligations under hereunder. The execution and delivery by Purchaser of this Agreement Agreement, to which it is a party, and to consummate the transactions contemplated herebyperformance by Purchaser of its obligations hereunder, have been duly and validly authorized by Purchaser, no other action on the part of Purchaser being necessary.

Appears in 1 contract

Samples: Limited Liability Company Membership Interests Purchase Agreement (Cig Wireless Corp.)

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareColorado, and has all requisite power and authority to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Option Agreement (Family Golf Centers Inc)

Organization; Power and Authority. Each Purchaser is a corporation limited partnership, duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and . Purchaser has all requisite full power and authority to carry on own, lease and operate its properties and to conduct its business as it is now being currently conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Encore Capital Group Inc)

Organization; Power and Authority. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Purchaser has all requisite corporate power and authority to carry on own and operate its properties and assets and conduct its business and operations as it is now presently being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Centex Corp)

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has all requisite corporate power and authority to carry on own and operate its properties and assets and conduct its business and operations as it is now presently being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allegro Biodiesel Corp)

AutoNDA by SimpleDocs

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareNew York, and has all requisite power and authority to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Family Golf Centers Inc)

Organization; Power and Authority. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has . The Purchaser possesses all requisite power and authority necessary to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate out the transactions contemplated herebyTransaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Safety Kleen Corp/)

Organization; Power and Authority. The Purchaser is a Delaware corporation duly organized, validly existing and in good standing to transact business under the laws Laws of the State of Delaware, and has Ohio. The Purchaser possesses all requisite corporate power and authority necessary to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate out the transactions contemplated herebyby this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Healthessentials Solutions Inc)

Organization; Power and Authority. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has all requisite necessary power and authority to carry on its business as it is now being conducted, purchase the Property to be sold and purchased hereunder and to execute, deliver and perform its obligations under hereunder. The person executing this Agreement on behalf of the Purchaser has all necessary power and authority to execute and deliver this Agreement on behalf of the Purchaser and to consummate bind the transactions contemplated herebyPurchaser to the provisions hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Office Properties Trust)

Organization; Power and Authority. Purchaser is a corporation duly organizedformed, validly existing and in good standing under the laws Laws of the State of Delaware, and has . Purchaser possesses all requisite power and authority necessary to carry on its business as it is now being conducted, to execute, execute and deliver and perform its obligations under this Agreement and to consummate carry out the transactions contemplated herebyby this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cryo Cell International Inc)

Organization; Power and Authority. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has . The Purchaser possesses all requisite power and authority necessary to carry on its business as it is now being conducted, to execute, deliver and perform its obligations under this Agreement and to consummate out the transactions contemplated herebyfor it by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gp Strategies Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!