Common use of Organization, Power, Standing and Qualification Clause in Contracts

Organization, Power, Standing and Qualification. Buyer has been duly organized, and is validly existing and in good standing under the Laws of the State of Delaware, and it has the full power and authority (corporate or otherwise) to carry on its business as it is now being conducted and to own and operate the properties and assets owned and operated by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Systems & Computer Technology Corp)

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Organization, Power, Standing and Qualification. Buyer has been duly organized, and is validly existing and in good standing under the Laws of the State laws of Delaware, and it has the full power and authority (corporate or otherwise) to carry on its business as it is now being conducted and to own and operate the properties and assets owned and operated by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied Dna Sciences Inc)

Organization, Power, Standing and Qualification. Buyer has been Seller is duly organized, and is validly existing existing, and in good standing under the Laws laws of the State of Delaware, Delaware and it has the full requisite power and authority (corporate or otherwise) to carry on its business as it is now being conducted and to own and operate the properties and assets owned they now own and operated by itoperate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied Dna Sciences Inc)

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Organization, Power, Standing and Qualification. Buyer has been duly organized, and is validly existing and in good standing under the Laws of the State state of Delawareits incorporation, and it has the full power and authority (corporate or otherwise) to carry on its business as it is now being conducted and to own and operate the properties and assets owned and operated by it.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Systems & Computer Technology Corp)

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