Common use of Organization, Power and Standing Clause in Contracts

Organization, Power and Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer has all the corporate power, authority and Permits necessary to carry on its business as it has been and is currently being conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Siebert Financial Corp), Asset Purchase Agreement (Siebert Financial Corp), Asset Purchase Agreement (Castle Brands Inc)

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Organization, Power and Standing. The Buyer is a corporation Delaware duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has , with all the corporate powerrequisite power and authority to own, authority lease and Permits necessary operate its properties and to carry on its business as it has been and such business is currently being conducted, and to own, lease and operate conducted on the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a partydate hereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Esterline Technologies Corp)

Organization, Power and Standing. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware. Buyer has , with all the corporate power, requisite power and authority to own its properties and Permits necessary to carry on its business as it has been and such business is currently being now conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a party.

Appears in 2 contracts

Samples: Securities Purchase Agreement (TreeHouse Foods, Inc.), Securities Purchase Agreement (Henry Jack & Associates Inc)

Organization, Power and Standing. The Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware. Buyer has , with all the corporate power, requisite power and authority to own its properties and Permits necessary to carry on its business as it has been and such business is currently being now conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a party.

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Landauer Inc)

Organization, Power and Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all the requisite corporate power, power and authority and Permits all necessary licenses and permits to carry on its business as it has been and is currently being conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power therewith and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a partybe acquired pursuant hereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cooperative Computing Inc /De/)

Organization, Power and Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware. Buyer has all the corporate power, authority and Permits necessary to carry on its business as it has been and is currently being conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into execute, deliver and perform its obligations under this Agreement and each Ancillary Agreement Document to which it is a partyparty and to consummate the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Puma Technology Inc)

Organization, Power and Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer Delaware and has all the corporate power, authority and Permits necessary to carry on its business as it has been and is currently being conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate full power and authority to enter into this Agreement, to carry out and perform this Agreement its obligations hereunder and each Ancillary Agreement to which it is a partyconsummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Purchase Agreement (Digital Recorders Inc)

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Organization, Power and Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws Law of Delaware. Buyer has , with all the corporate powerrequisite power and authority to own, authority operate or lease its assets and Permits necessary properties and to carry on conduct its business as it has been and is currently being conducted, and to own, lease and operate the properties and assets used in connection therewithpresently conducted by it. Buyer has all requisite corporate power and authority and has taken all corporate action necessary to enter into execute and perform deliver this Agreement and each Ancillary Agreement the other documents and instruments to which it is a partybe executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Adtalem Global Education Inc.)

Organization, Power and Standing. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has , with all the corporate power, requisite power and authority to own its properties and Permits necessary to carry on its business as it has been such business is now conducted and presently proposed to be conducted. Merger Sub is currently being conducteda corporation duly organized, validly existing and to ownin good standing under the laws of the State of Delaware, lease and operate the properties and assets used in connection therewith. Buyer has with all requisite corporate power and authority to enter into own its properties and perform this Agreement to carry on its business as such business is now conducted and each Ancillary Agreement presently proposed to which it is a partybe conducted.

Appears in 1 contract

Samples: Merger Agreement (SHG Holding Solutions Inc)

Organization, Power and Standing. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has , with all the corporate powerrequisite power and authority to own, authority lease and Permits necessary operate its properties and to carry on its business as it has been and such business is currently being conducted, and to own, lease and operate conducted on the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a partydate hereof.

Appears in 1 contract

Samples: Merger Agreement (Liquidity Services Inc)

Organization, Power and Standing. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has , with all the corporate power, requisite power and authority to own its properties and Permits necessary to carry on its business as it has been and such business is currently being now conducted, and to own, lease and operate the properties and assets used in connection therewith. Buyer has all requisite corporate power and authority to enter into and perform this Agreement and each Ancillary Agreement to which it is a party.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kadant Inc)

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