Common use of Organization and Standing of Buyer Clause in Contracts

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Michigan.

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State jurisdiction where it is organized and has all requisite corporate power and authority to enter into this Agreement, to carry out the Contemplated Transactions and to perform its obligations hereunder. Buyer is a domestic corporation within the meaning of MichiganSection 7701 of the Tax Code.

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of MichiganMichigan and has full power and authority to carry on its business as now conducted and to own or lease its assets and properties as now owned or leased.

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of MichiganOhio and has all requisite corporate power and authority to own or lease and operate its properties and to carry on its business as now conducted. Buyer has delivered to Seller complete and correct copies of its Articles of Incorporation and Code of Regulations and all amendments thereto.

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State state of Michigan.

Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of MichiganIllinois. Buyer has the corporate power to own its property, to carry on its business as now being conducted and to execute and perform this Agreement.