Common use of Organization and Qualification of Buyer Clause in Contracts

Organization and Qualification of Buyer. Buyer is a corporation duly organized and validly existing under the laws of the State of Delaware and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 6 contracts

Samples: Asset Purchase Agreement (LOCAL.COM), Asset Purchase Agreement (LOCAL.COM), Asset Purchase Agreement (LOCAL.COM)

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Organization and Qualification of Buyer. Buyer is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (LSB Industries Inc), Asset Purchase Agreement (LSB Industries Inc)

Organization and Qualification of Buyer. Buyer is a corporation duly organized lawfully existing and validly existing in good standing under the laws of the State of Delaware and has all requisite with full power and authority to own and or lease the its properties and assets it currently owns and leases and to conduct its activities as business in the manner and in the places where such activities properties are currently conductedowned or leased or such business is conducted by it. Buyer is duly qualified in the State of Minnesota.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Agreement (Air T Inc)

Organization and Qualification of Buyer. Buyer is a corporation duly organized organized, validly existing, and validly existing in good standing under the laws of the State of Delaware Delaware, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted. As of the Closing Date, Buyer will be duly qualified or licensed to do business and will be in good standing under the laws of the Commonwealth of Puerto Rico.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Pegasus Communications Corp), Asset Purchase Agreement (Centennial Communications Corp /De)

Organization and Qualification of Buyer. Buyer is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Buyer has all requisite full corporate power and authority to own and or lease the all of its properties and assets it currently owns and leases and to conduct its activities as business in the manner and in the places where such activities properties are currently conductedowned and leased or such business is now conducted by it.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Max Entertainment Holdings, Inc.), Stock Purchase and Sale Agreement (Arte Invest Corp.)

Organization and Qualification of Buyer. Buyer is a corporation duly organized and organized, validly existing and in good standing under the laws of the State state of Delaware and Delaware. Buyer has all requisite power and authority to own or lease and lease the properties and operate its assets it currently owns and leases and to conduct carry on its activities business as such activities are currently it is now conducted.

Appears in 1 contract

Samples: Share and Asset Purchase Agreement (Luminex Corp)

Organization and Qualification of Buyer. Buyer is a ------------------------------------------- corporation duly organized organized, validly existing, and validly existing in good standing under the laws of the State of Delaware Delaware, and has all requisite corporate power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted. Buyer is duly qualified to do business as a foreign corporation in all jurisdictions in which the ownership or leasing of the properties and assets owned or leased by it or the nature of its activities makes such qualification necessary.

Appears in 1 contract

Samples: Assets Acquisition Agreement (Agrocan Corp)

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Organization and Qualification of Buyer. Buyer is a corporation duly organized and organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite full corporate power and authority to own and own, operate or lease the properties and assets now owned, operated or leased by it currently owns and leases and to conduct carry on its activities business as such activities are and where currently conducted. Buyer is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the ownership of its assets or the operation of its business as currently conducted makes such licensing or qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Accuride Corp)

Organization and Qualification of Buyer. Buyer is a corporation duly organized lawfully existing and validly existing in good standing under the laws of the State of Delaware and has all requisite with full power and authority to own and or lease the its properties and assets it currently owns and leases and to conduct its activities as business in the manner and in the places where such activities properties are currently conductedowned or leased or such business is conducted by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Starrett L S Co)

Organization and Qualification of Buyer. i. Buyer is a corporation duly organized organized, validly existing, and validly existing in good standing under the laws of the State of Delaware and has all requisite power legal power, authority and authority right to own own, operate and lease the its properties and assets it currently owns to carry on its business as and leases where the same is now being conducted and as proposed to conduct its activities as such activities are currently be conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Transcend Services Inc)

Organization and Qualification of Buyer. Buyer is a corporation duly organized and organized, validly existing and in good standing under the laws of the State state of Delaware and Delaware, has all requisite corporate power and corporate authority to own own, lease and lease operate its properties and to carry on its business as now being conducted, and is duly qualified or licensed and is in good standing to do business in each jurisdiction in which the properties and assets owned, leased or operated by it currently owns and leases and to conduct or the nature of its activities as makes such activities are currently conductedqualification necessary, except where the failure to so register would not have a Material Adverse Effect on Buyer.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Fusion Telecommunications International Inc)

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