Common use of Due Incorporation Clause in Contracts

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware with all requisite power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 4 contracts

Samples: Equity Purchase Agreement (Genesis Group Holdings Inc), Equity Purchase Agreement (Genesis Group Holdings Inc), Equity Purchase Agreement (Intercloud Systems, Inc.)

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Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware its jurisdiction of organization with all requisite power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Genesis Group Holdings Inc), Stock Purchase Agreement (Genesis Group Holdings Inc), Asset Purchase Agreement (Computer Products Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 3 contracts

Samples: Interest Purchase Agreement (Ameritrade Holding Corp), Membership Interest Purchase Agreement (Launch Media Inc), Ameritrade Holding Corp

Due Incorporation. Purchaser is a corporation duly organized, ----------------- validly existing and in good standing under the laws of the State of Delaware with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Albany Ladder Co Inc), Asset Purchase Agreement (Albany Ladder Co Inc)

Due Incorporation. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware with and has all requisite corporate power and authority to own, operate and lease and operate its properties assets and to carry on conduct its business as they are now being owned, leased, operated and presently conducted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Andrew Corp), Purchase and Sale Agreement (Commscope Inc)

Due Incorporation. The Purchaser is a corporation limited liability company duly organized, validly existing and in good standing under the laws of Delaware with Delaware, and has all requisite limited liability company power and authority to own, operate and lease and operate its properties assets and to carry on conduct its business as they are now being owned, leased, operated and presently conducted.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Chemtura CORP), Asset Purchase and Sale Agreement (Chemtura CORP)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware with all requisite corporate power and authority to own, operate and lease and operate its properties assets and to carry on conduct its business as they are now being owned, leased, operated and presently conducted.

Appears in 2 contracts

Samples: Customer Transfer Agreement (Primus Telecommunications Group Inc), Customer Transfer Agreement (Primus Telecommunications Group Inc)

Due Incorporation. Purchaser is a corporation duly organizedincorporated, validly existing and in good standing under the laws of Delaware with all requisite power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conductedDelaware.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vir Biotechnology, Inc.), Securities Purchase Agreement (Vir Biotechnology, Inc.)

Due Incorporation. Purchaser is a corporation duly organized, validly ----------------- existing and in good standing under the laws of Delaware the State of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (National Equipment Services Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Jb Oxford Holdings Inc)

Due Incorporation. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leasedleased or operated. The Purchaser is licensed or qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the nature of the properties owned, leased or operated by it and conductedthe businesses transacted by it require such licensing or qualification.

Appears in 1 contract

Samples: Purchase Agreement (Devry Inc)

Due Incorporation. (a) Purchaser is a corporation limited partnership duly organized, organized under the laws of the State of Delaware. Purchaser is validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite power and authority to own, lease and operate its properties and assets and to carry on conduct its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Acquisition Facility Agreement (Peoples Banctrust Co Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware with all requisite and has full power and authority to own, lease and operate its properties enter into this agreement and to carry on its business as they are now being owned, leased, operated and conductedperform fully Purchaser’s obligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wireless Facilities Inc)

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Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware the state of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leasedleased and operated. Purchaser is licensed or qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the nature of the properties owned, leased or operated by it and conductedthe businesses transacted by it require such licensing or qualification.

Appears in 1 contract

Samples: Asset Purchase Agreement (Devry Inc)

Due Incorporation. Purchaser is a corporation duly organizedincorporated, validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Horizon Mental Health Management Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware its jurisdiction of organiza- tion with all requisite power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meridian Sports Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated leased and conductedoperated.

Appears in 1 contract

Samples: Asset Purchase Agreement (Devry Inc)

Due Incorporation. Purchaser is a corporation duly -------------------------------- organized, validly existing and in good standing under the laws of Delaware the State of Delaware, with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as they are now being owned, leased, operated and conducted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Corvis Corp)

Due Incorporation. The Purchaser is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware with all requisite power and authority to own, lease own and operate its assets and properties and to carry on its business as they are now being owned, leased, operated owned and conductedoperated.

Appears in 1 contract

Samples: Asset Purchase Agreement (Jackson Products Inc)

Due Incorporation. Purchaser is a corporation duly organized, validly existing and in good standing under the laws Laws of Delaware with all requisite Delaware, and has the corporate power and lawful authority to own, lease and operate own its properties and to carry on transact its business as they are now being ownedconducted. This Agreement is binding upon, leasedand enforceable against, operated Purchaser in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and conductedother Laws affecting creditors rights generally and by general principles of equity (whether in a proceeding at Law or in equity).

Appears in 1 contract

Samples: Stock Purchase Agreement (Market & Research Corp.)

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