Common use of Organization; Power Clause in Contracts

Organization; Power. Purchaser is a corporation duly and validly existing, for which all required annual reports have been filed with the Delaware Secretary of State and for which no Articles of Dissolution appear on the records of the Delaware Secretary of State, and Purchaser has all requisite corporate power and authority to own its properties and assets and to conduct its business as now conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Automotive Finance Corp), Stock Purchase Agreement (Automotive Finance Corp)

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Organization; Power. Purchaser is a corporation duly organized and validly existing, for which all required annual reports have been filed with existing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records Laws of the Delaware Secretary State of State, and Delaware. Purchaser has all requisite corporate power and authority to own own, lease and operate all of its properties and assets and to conduct carry on its business as it is now being conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Westinghouse Air Brake Technologies Corp)

Organization; Power. The Purchaser is a corporation limited liability company duly and organized, validly existing, for which all required annual reports have been filed with and in good standing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records Laws of the State of Delaware Secretary of State, and Purchaser has all requisite corporate limited liability company power and authority to own its properties and assets Assets and to conduct its business as it is now conducted.

Appears in 2 contracts

Samples: Contribution Agreement (Greenlane Holdings, Inc.), Contribution Agreement (Greenlane Holdings, Inc.)

Organization; Power. The Purchaser is a corporation duly incorporated and validly existing, for which all required annual reports have been filed with existing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records laws of the State of Delaware Secretary of State, and Purchaser has all requisite corporate power and authority to own enter into this Agreement and perform its properties and assets and to conduct its business as now conductedobligations hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Biomar International Inc), Stock Purchase Agreement (Paracelsian Inc /De/)

Organization; Power. Purchaser is a corporation duly organized, validly existing and validly existing, for which all required annual reports have been filed with in good standing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records laws of the Delaware Secretary State of State, and Delaware. Purchaser has all requisite corporate power and authority under the laws of its Organization State and its Charter Documents to own or lease and to operate its properties presently and assets following the Effective Time and to conduct carry on its business as now conductedconducted and as proposed to be conducted following the Effective Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Omega Protein Corp), Asset Purchase Agreement (Omega Protein Corp)

Organization; Power. Purchaser is a corporation duly organized and validly existing, for which all required annual reports have been filed with existing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records Laws of the Delaware Secretary State of State, and Delaware. Purchaser has all requisite corporate power and authority to own own, lease and operate all of its properties and assets and to conduct carry on its business as it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Libbey Inc)

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Organization; Power. The Purchaser is a corporation limited liability company duly and organized, validly existing, for which all required annual reports have been filed with and in good standing under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records Laws of the State of Delaware Secretary of State, and Purchaser has all requisite corporate limited liability company power and authority to own its properties and assets and to conduct its business as it is now conducted.

Appears in 1 contract

Samples: Contribution Agreement (Greenlane Holdings, Inc.)

Organization; Power. Purchaser is a corporation company duly incorporated and validly existing, for which all required annual reports have been filed with existing under the Delaware Secretary laws of State and for which no Articles of Dissolution appear on the records of the Delaware Secretary of StateEngland, and Purchaser has all requisite corporate power and authority to own enter into this Agreement and perform its properties obligations hereunder. Guarantor is a company duly incorporated and assets validly existing under the laws of Delaware, USA, and has all requisite corporate power and authority to conduct enter into this Agreement and perform its business as now conductedobligations hereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (Simonds Industries Inc)

Organization; Power. Purchaser is a corporation duly organized, validly existing and validly existing, for which all required annual reports have been filed with in current status under the Delaware Secretary of State and for which no Articles of Dissolution appear on the records laws of the State of Delaware Secretary of State, and Purchaser has all requisite the corporate power and authority to own its properties property and assets and to conduct carry on its business as now conductedbusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (SPI Energy Co., Ltd.)

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