Common use of 1Organization Clause in Contracts

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

Appears in 1 contract

Sources: Asset Purchase Agreement (Lannett Co Inc)

1Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the Laws laws of its state the State of organization New York and has the requisite entity full corporate power and authority and is duly qualified to own, operate or lease own its properties, assets and carry on properties and to conduct its business as now and where it is being conducted.

Appears in 1 contract

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

1Organization. The Buyer is a limited liability company duly organized, validly existing and in good standing under the Laws of its state of organization and has the requisite entity power and authority to own, operate or lease its properties, and carry on its business as now conductedjurisdiction in which it is organized.

Appears in 1 contract

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