Common use of Organization; Power and Authority Clause in Contracts

Organization; Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware. Buyer has all requisite corporate power and authority to own and operate its assets and properties and conduct its business and operations as presently being conducted.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Penn Octane Corp), Purchase and Sale Agreement (Penn Octane Corp), Purchase and Sale Agreement (Rio Vista Energy Partners Lp)

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Organization; Power and Authority. (a) Buyer is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer Delaware and has all requisite corporate full power and authority authority, corporate and otherwise, to carry on its business as now conducted and to own or lease and to operate its assets and properties and assets now owned or leased and operated by it, to conduct its the business of Seller and operations as presently being conductedto consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Integramed America Inc), Asset Purchase Agreement (Integramed America Inc), Asset Purchase Agreement (Integramed America Inc)

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

Appears in 2 contracts

Samples: Stock Purchase Agreement (Safety Kleen Corp/), Stock Purchase Agreement (Safety Kleen Corp/)

Organization; Power and Authority. Buyer is a corporation duly organized, organized and validly existing and limited liability company in good standing under the Laws laws of Delaware and has the State of Delaware. Buyer has all requisite corporate power and authority to own and operate its assets and properties and conduct carry on its business and operations as presently being conducted.conducted and to execute, deliver and perform its obligations under the Sale Documents to which it is a party, and each of such Sale Documents has been duly authorized by all necessary company action on the part of Buyer and does not require any approval that has not been obtained. 6.2

Appears in 2 contracts

Samples: Purchase Agreement (Air T Inc), Purchase Agreement (Air T Inc)

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

Appears in 2 contracts

Samples: Asset Purchase Agreement (RSL Communications LTD), Asset Purchase Agreement (RSL Communications LTD)

Organization; Power and Authority. Buyer is a corporation duly --------------------------------- organized, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer has all requisite corporate power needed to execute, deliver and authority perform its obligations under this Agreement and to own consummate the transactions contemplated hereby to be consummated by it, including each instrument, document and operate its assets agreement contemplated herein to be executed and properties and conduct its business and operations as presently being conducteddelivered by it pursuant to this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (GTS Duratek Inc)

Organization; Power and Authority. Buyer is a corporation ---------------------------------- duly organized, validly existing and in good standing under the Laws of the State of Delaware. Buyer has all requisite corporate power and authority to own and operate its assets and properties and conduct its business and operations as presently being conducted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rio Vista Energy Partners Lp)

Organization; Power and Authority. The Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer Delaware and has all requisite the corporate power and authority to own own, operate and operate lease its assets and properties and conduct to carry on its business and operations as presently being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argo Tech Corp)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Aviation Sales Co)

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Organization; Power and Authority. Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer Xxxxx has all requisite corporate full power and authority to own execute and operate its assets deliver this Agreement, and properties and conduct its business and operations as presently being conductedto consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Spruce Power Holding Corp)

Organization; Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer New Jersey and has all requisite corporate power and authority to own own, operate and operate lease its assets and properties and conduct its business and operations as presently being now conducted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Farmstead Telephone Group Inc)

Organization; Power and Authority. Buyer is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer Delaware and has all requisite the corporate power and authority to own own, operate and operate lease its assets and properties and conduct to carry on its business and operations as presently being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Euronet Worldwide Inc)

Organization; Power and Authority. Each Buyer is a corporation limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware. Buyer has all requisite corporate power and authority to own own, lease and operate its assets and properties and conduct its business and operations as presently being conducted.

Appears in 1 contract

Samples: Purchase Agreement (Keyspan Corp)

Organization; Power and Authority. (i) Buyer is a corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware. Buyer has all requisite corporate power and authority to own and operate its assets and properties and conduct its business and operations as presently being conducted.

Appears in 1 contract

Samples: 6 Sale Agreement (Westinghouse Air Brake Co /De/)

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