Seller Organization; Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware. Seller has the requisite power and authority to own the Purchased Assets and to carry on its business as currently conducted.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Sagebrush Gold Ltd.), Asset Purchase Agreement (American Energy Fields, Inc.)
Seller Organization; Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of DelawareVirginia. Seller has the requisite power and authority to own the Purchased Assets and to carry on its business as currently conducted.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Great West Resources, Inc.), Asset Purchase Agreement (World Surveillance Group Inc.)