Common use of Status of Purchaser Clause in Contracts

Status of Purchaser. The Purchaser is a corporation duly incorporated, validly existing and in good standing and has the power and capacity to enter into this Agreement and carry out its terms; and

Appears in 52 contracts

Samples: Asset Purchase Agreement (Dussault Apparel Inc.), Asset Transfer and Liability Assumption Agreement (Rango Energy, Inc.), Asset Purchase Agreement (Jasper Explorations Inc.)

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Status of Purchaser. The Purchaser is a corporation duly incorporatedincorporated under the Business Corporations Act (Yukon), validly existing is a valid and subsisting corporation and is in good standing and has with respect to the power and capacity to enter into this Agreement and carry out its terms; andfiling of annual returns required under that Act.

Appears in 2 contracts

Samples: Share Purchase Agreement (Stearns & Lehman Inc), Non Competition Agreement (Stearns & Lehman Inc)

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