Common use of Organization, Power and Standing of the Buyer Clause in Contracts

Organization, Power and Standing of the Buyer. The Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has full power and authority, corporate and otherwise, to enter into this Agreement, to carry out and perform its obligations hereunder and to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: 6 Stock Purchase Agreement (Steel Heddle International Inc), 6 Stock Purchase Agreement (Steel Heddle Group Inc), Stock Purchase Agreement (Primark Corp)

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Organization, Power and Standing of the Buyer. The Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has full power and authority, corporate and otherwise, to enter into this Agreement, to carry out and perform its obligations hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oxford Industries Inc)

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Organization, Power and Standing of the Buyer. The Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction State of its incorporation Delaware and has full power and authority, corporate and otherwise, to enter into this Agreement, to carry out and perform its obligations hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Acquisition Agreement (Panolam Industries International Inc)

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