Common use of 1Organization Clause in Contracts

1Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the state of its formation and has all requisite power and authority to own its assets and carry on its business as currently conducted by it. ​ 131622973.6

Appears in 1 contract

Sources: Asset Purchase Agreement (Lannett Co Inc)

1Organization. The Buyer is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the state of its formation and has all requisite power and authority to own its assets and carry on its business as currently conducted by it. ​ 131622973.6jurisdiction in which it is organized.

Appears in 1 contract

Sources: Asset Purchase Agreement (Jefferson Capital, Inc. / DE)

1Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the its state of its formation organization and has all the requisite entity power and authority to own own, operate or lease its assets properties, and carry on its business as currently conducted by it. ​ 131622973.6now conducted.

Appears in 1 contract

Sources: Asset Purchase Agreement (Tabula Rasa HealthCare, Inc.)

1Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the state State of its formation New York and has all requisite full corporate power and authority and is duly qualified to own its assets and carry on properties and to conduct its business as currently conducted by it. ​ 131622973.6and where it is being conducted.

Appears in 1 contract

Sources: Asset Purchase Agreement (XCel Brands, Inc.)