Common use of Organization and Qualification of Seller Clause in Contracts

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state of Delaware and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conductedDelaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/), Stock Purchase Agreement (Mesa Inc)

Organization and Qualification of Seller. Seller is a corporation ---------------------------------------- duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conductedDelaware.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Cec Resources LTD), Stock Purchase Agreement (Carbon Energy Corp)

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has full all requisite corporate power and authority to own, license, use, lease and operate or lease the its assets and properties and assets now owned, operated or leased by it and to carry on its business (including the Business Business) as currently it is now being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Special Diversified Opportunities Inc.)

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the state State of Delaware Delaware. Seller is duly qualified to do business and has full corporate power and authority to own, operate is in good standing in each jurisdiction in which the ownership of the Purchased Assets or lease the properties and assets now owned, operated or leased by it and to carry on operation of the Business as currently conductedconducted makes such qualification necessary, except where the failure to be so qualified or in good standing would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has Delaware, with full corporate power and authority to own, operate or lease the its properties and assets now owned, operated to conduct its business in the manner and in the places where such properties are owned or leased or such business is conducted by it and to carry on the Business as currently conductedit.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mro Software Inc)

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Organization and Qualification of Seller. Seller is a corporation ---------------------------------------- duly organized, validly existing existing, and in good standing under the Laws laws of the state State of Delaware and has with full corporate power and authority to own, operate own or lease the its properties and assets now owned, operated to conduct the business heretofore conducted by it in the manner and in the places where such properties are owned or leased or such business is conducted by it and it. Seller is duly qualified to carry on do business as a foreign corporation in the Business as currently conductedCommonwealth of Massachusetts.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mc Informatics Inc)

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware and has full all requisite corporate power and authority to own, license, use, lease and operate or lease the its assets and properties and assets now owned, operated or leased by it and to carry on the Business its business as currently it is now being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (E Trade Financial Corp)

Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws laws of the state State of Delaware Delaware, and has the full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it conduct its business and to carry on enter into this Agreement and the Business as currently conducted.other agreements and instruments referred to in this Agreement that Seller is executing and delivering (the “Seller’s

Appears in 1 contract

Samples: Asset Purchase Agreement (Alloy Inc)

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