Common use of Due Organization; Good Standing; Power Clause in Contracts

Due Organization; Good Standing; Power. The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada. The Buyer has all requisite corporate power to enter into this Agreement and to perform its obligations hereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Atlas Minerals Inc), Agreement and Plan of Merger (Atlas Minerals Inc)

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Due Organization; Good Standing; Power. The Buyer Purchaser is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada. The Buyer Purchaser has all requisite corporate power to enter into this Agreement and to perform its obligations hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Eat at Joes LTD), Stock Purchase Agreement (Sunpeaks Ventures, Inc.)

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