Common use of Organization and Existence Clause in Contracts

Organization and Existence. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power to carry on its business as now conducted and to enter into and perform this Agreement.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Applied Voice Recognition Inc /De/), Asset Purchase Agreement (Applied Voice Recognition Inc /De/), Asset Purchase Agreement (Dac Technologies Group International Inc)

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Organization and Existence. Purchaser is a corporation limited liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite corporate limited liability company power and authority to own, lease and operate its properties and to carry on its business as is now conducted and to enter into and perform this Agreementbeing conducted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ormat Technologies, Inc.), Purchase and Sale Agreement (Ormat Technologies, Inc.)

Organization and Existence. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite corporate power to carry on its business as now conducted and to enter into and perform its obligations under this AgreementAgreement and the Documents to which it is a party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Carriage Services Inc), Asset Purchase Agreement (Carriage Services Inc)

Organization and Existence. The Purchaser is a corporation duly organizedincorporated, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite corporate power powers and authority to enter into this Agreement and each of the Transaction Documents to which it is a party and perform its obligations hereunder and thereunder, and has all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted and to enter into and perform this Agreementconducted.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Concurrent Computer Corp/De)

Organization and Existence. Purchaser is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware and has all requisite corporate power to carry on its business as now conducted and to enter into and perform this AgreementDelaware.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Argo Tech Corp)

Organization and Existence. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware. The Purchaser has the power to own or lease its property and has all requisite corporate power to carry on its business in the manner and at such locations as now conducted that business is currently being conducted. The organizational documents and other books and records of the Purchaser as will be delivered at the Closing by the Purchaser to enter into the Seller are complete and perform this Agreementcorrect in all material respects.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monterey Capital Acquisition Corp)

Organization and Existence. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power to carry on its business as now conducted and to enter into and perform this AgreementDelaware.

Appears in 1 contract

Samples: Recapitalization Agreement (TRW Inc)

Organization and Existence. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own and lease the assets it currently owns and leases and to carry on its business as now conducted and to enter into and perform this Agreementsuch business is currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Snyder Oil Corp)

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Organization and Existence. Purchaser is a corporation duly organizedincorporated, validly existing existing, and in good standing under the laws of the State of Delaware Delaware, with full power and has all requisite corporate power authority to own, lease and operate its business and properties and to carry on its business as and where such properties and assets are now conducted owned or leased and to enter into and perform this Agreementsuch business is now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Phoenix Motor Inc.)

Organization and Existence. The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power to carry on its business as now conducted and to enter into and perform this AgreementDelaware.

Appears in 1 contract

Samples: Stock Purchase Agreement (Catalyst Energy Services Inc)

Organization and Existence. Purchaser is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power powers required to carry on its business as now conducted conducted. In all jurisdictions concerned, the Purchaser has the corporate power and authority and all authorizations, licenses or permits necessary to own and operate its properties and to enter into and perform this Agreementcarry on its business as now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aspi Europe Inc)

Organization and Existence. Each Purchaser is a corporation corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as is now conducted being conducted. The Purchasers’ Guarantor is a company duly incorporated and validly existing and in good standing under the laws of England and Wales, and has all requisite corporate power and authority to enter into and perform this Agreementtransact business in such jurisdiction.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teco Energy Inc)

Organization and Existence. Purchaser is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware and Delaware. Purchaser has all requisite power (corporate power to carry on its business as now conducted or otherwise) and authority required to enter into this Agreement and perform this Agreementconsummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Warnaco Group Inc /De/)

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