Common use of Existence and Qualification Clause in Contracts

Existence and Qualification. Purchaser is a corporation organized, validly existing, and in good standing under the Laws of the state of Delaware.

Appears in 6 contracts

Sources: Purchase and Sale Agreement (Vital Energy, Inc.), Purchase and Sale Agreement (Vital Energy, Inc.), Purchase and Sale Agreement (Vital Energy, Inc.)

Existence and Qualification. Purchaser is a corporation duly organized, validly existing, existing and in good standing under the Laws laws of the state State of Delaware, has all requisite power and authority to acquire and own the respective Purchased Assets, to assume the Assumed Liabilities, to perform this Agreement and each of the Related Agreements to which it is a party.

Appears in 1 contract

Sources: Asset Purchase Agreement (Poet Technologies Inc.)

Existence and Qualification. Purchaser is a corporation organized, validly existing, existing and in good standing under the Laws laws of the state State of Delaware.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Endeavour International Corp)

Existence and Qualification. Purchaser is a corporation limited liability company organized, validly existing, and in good standing under the Laws of the state of Delaware.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Empire Petroleum Corp)

Existence and Qualification. Such Purchaser is a corporation organized, validly existing, and in good standing under the Laws of the state of Delaware.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Vital Energy, Inc.)

Existence and Qualification. Purchaser is a corporation organized, validly existing, and in good standing under the Laws of the state of DelawareDelaware and is duly qualified to conduct business in the State of Texas.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Callon Petroleum Co)

Existence and Qualification. Purchaser is a corporation limited liability company duly organized, validly existing, existing and in good standing under the Laws of the state State of Delaware.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (EV Energy Partners, LP)

Existence and Qualification. Purchaser is a corporation organized, validly existing, existing and in good standing under the Laws of the state State of Delaware.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Alpha Natural Resources, Inc.)