Common use of Standing and Authority of Seller Clause in Contracts

Standing and Authority of Seller. Seller is a corporation duly organized and validly existing in good standing under the laws of the State of Washington and possesses all requisite corporate power and authority to enter into and perform this Agreement. This Agreement is a valid and binding obligation of Seller, duly enforceable in accordance with its terms.

Appears in 4 contracts

Samples: Purchase Agreement (Trendwest Resorts Inc), Purchase Agreement (Trendwest Resorts Inc), Purchase Agreement (Trendwest Resorts Inc)

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Standing and Authority of Seller. Seller is a corporation partnership duly organized and validly existing in good standing under the laws of the State of Washington Oregon and possesses all requisite corporate power and authority to enter into and perform this Agreement. This Agreement is a valid and binding obligation of Seller, duly enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Purchase Agreement (Trendwest Resorts Inc), Purchase Agreement (Trendwest Resorts Inc)

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