Organization and Good Standing of the Seller Sample Clauses

Organization and Good Standing of the Seller. Seller is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Delaware.
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Organization and Good Standing of the Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. Seller has all requisite power and authority, licenses, permits and franchises to own, lease and operate its properties and assets and to carry on the Business as currently conducted. Seller has full power and authority to make the representations, warranties and agreements made hereunder, to execute and deliver this Agreement and the Ancillary Documents, and to perform its obligations under this Agreement and the Ancillary Documents. Seller is duly licensed or qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the property owned, leased or operated by it or the nature of the business conduced by it makes such qualification or licensing necessary, except for such failures to be so licensed, qualified or in good standing which could not reasonably be expected to have a material adverse effect on the Business.
Organization and Good Standing of the Seller. The Seller (a) is a corporation duly organized, validly existing and in good standing under the laws of the State of Maine; (b) is qualified to do business as a foreign corporation in the State of New Hampshire; (c) is not required to be qualified as a foreign corporation in any jurisdiction where such qualification is required by the nature of the Seller’s business other than in the State of New Hampshire; and (d) has corporate power to carry on its business as it is now being conducted and to enter into and perform its obligations pursuant to this Agreement.
Organization and Good Standing of the Seller. Each of Parent and -------------------------------------------- Subsidiary is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Each of Parent and Subsidiary is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required, except where such failure to be qualified would not have a material adverse effect on the Seller. Each of Parent and Subsidiary has full corporate power and authority and all licenses, permits, and authorizations necessary to comply with its obligations hereunder and to transfer the Purchased Assets.
Organization and Good Standing of the Seller. Seller is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, with full power, right and authority to own and lease the properties and assets it currently owns and leases and to carry on its business as such business is currently being conducted. Seller is duly qualified or licensed to do business as a foreign corporation in jurisdictions wherein the nature of its activities or of its properties owned or leased makes such qualification necessary and where the failure to be so qualified or licensed would reasonably be expected to result in a material adverse affect upon the assets, properties, business, results of operations, financial condition or prospects of the Purchased Assets, individually or in the aggregate, or upon consummation of the transactions contemplated herein (a “Material Adverse Effect”).
Organization and Good Standing of the Seller. Seller is a not-for-profit corporation duly organized, validly existing and in good standing under the laws of the state of California. Seller has all requisite power and authority, licenses, permits and franchises to own, lease and operate its properties and assets and to carry on the business as currently conducted. Seller has full power and authority to make the representations, warranties and agreements made hereunder, to execute and deliver this Agreement and the Ancillary Documents, and to perform its obligations under this Agreement and the Ancillary Documents.
Organization and Good Standing of the Seller. The Seller is a limited liability corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. Except as otherwise provided herein, the Seller is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have a material adverse effect on the business or operations of the Seller (“Material Adverse Effect”).
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Organization and Good Standing of the Seller. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. Except as otherwise provided herein, the Seller is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Seller.
Organization and Good Standing of the Seller. The Seller is a corporation duly organized and validly existing under the laws of the State of Pennsylvania. Seller further represents that it is qualified to do business and is in good standing in any and all other states (and the District of Columbia) in which it does business. The Seller has full corporate power and authority to own its properties, to carry on the Business, and to sell and convey the Assets to the Buyer.
Organization and Good Standing of the Seller. The Seller is a corporation duly formed and validly existing and in good standing under the laws of the State of Utah .
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