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 Nevada, and has full power and authority to carry on its business as now conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homelife Inc), Stock Purchase Agreement (Homelife Inc)

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Organization and Standing of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, Nevada and has full power and authority to carry on its business as now conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homelife Inc), Stock Purchase Agreement (Homelife Inc)

Organization and Standing of Buyer. The Buyer is a corporation ---------------------------------- duly organized, validly existing, existing and in good standing under the laws of the State of Nevada, and . The Buyer has full power and authority under its Certificate of Incorporation and By-Laws and applicable laws to carry on its business as now conductedexecute and deliver this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mangosoft Inc)

Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the 121 State of Nevada, is properly qualified to do business in Florida as a foreign corporation and has full all requisite corporate power and authority authority, and all contract rights, to own its assets and to carry on and engage in its business affairs as now conducted.

Appears in 1 contract

Samples: Purchase and Sale (GRG Inc)

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Organization and Standing of Buyer. Buyer is a professional corporation duly organized, validly existing, existing and in good standing under the laws of the State of NevadaCalifornia, is qualified to transact business in all jurisdictions in which such qualification is required and has full corporate power and authority to own and operate its properties and assets and to carry on its business as and where it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Prospect Medical Holdings Inc)

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 Nevada, is duly qualified to do business as a foreign corporation and has full power is in good standing in the states of the United States and authority to carry on foreign jurisdictions where its ownership or leasing of property or conduct of its business as now conductedrequires it to be so qualified.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cross Continent Auto Retailers Inc M&l)

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