Common use of Seller Organization; Good Standing Clause in Contracts

Seller Organization; Good Standing. (a)Seller is duly incorporated, validly existing and, to the extent legally applicable, in good standing under the laws of Delaware and has the requisite power and authority to operate its business as now conducted.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Fortress Biotech, Inc.)

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Seller Organization; Good Standing. (a)Seller a) Seller is a corporation duly incorporated, validly existing andexisting, to the extent legally applicable, and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority to operate its business as now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (2seventy Bio, Inc.)

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