Common use of Organization and Standing of Buyer Clause in Contracts

Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has all requisite power, authority and capacity to execute and deliver this Agreement and all other agreements, documents and instruments contemplated hereby and to carry out all actions required of it pursuant to the terms of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ply Gem Industries Inc), Stock Purchase Agreement (Ply Gem Industries Inc)

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Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Buyer where it is organized and has all requisite powercorporate power and authority to enter into this Agreement, and on the Closing Date will have all requisite corporate power and authority and capacity to execute and deliver this Agreement and all other agreements, documents and instruments contemplated hereby and to carry out all actions required the Contemplated Transactions and to perform its obligations hereunder. Buyer is a domestic corporation within the meaning of it pursuant to Section 7701 of the terms of this AgreementTax Code.

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Architectural Products Corp), Asset Purchase Agreement (American Architectural Products Corp)

Organization and Standing of Buyer. The Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the jurisdiction State of its incorporation. The Buyer incorporation and has all requisite power, corporate power and authority and capacity to execute and deliver this Agreement and all other agreements, documents and instruments contemplated hereby and to carry out all actions required of it pursuant to the terms of this Agreementon its business as currently conducted by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Viewcast Com Inc)

Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Buyer where it is organized and has all requisite power, corporate power and authority and capacity to execute and deliver enter into this Master Agreement and all other agreementsthe Ancillary Agreements, documents and instruments contemplated hereby and to carry out all actions required of it pursuant the Contemplated Transactions and to the terms of this Agreementperform its obligations hereunder.

Appears in 1 contract

Samples: Master Transaction Agreement (Kaiser Group International Inc)

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Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has all requisite power, authority and capacity to execute and deliver this Agreement and all other agreements, documents and instruments contemplated hereby and to carry out all actions required of it pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (CBRL Group Inc)

Organization and Standing of Buyer. The Buyer is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Buyer where it is organized and has all requisite power, corporate power and authority and capacity to execute and deliver enter into this Master Agreement and all other agreementsthe Ancillary Agreements, documents and instruments contemplated hereby and to carry out all actions required the Contemplated Transactions and to perform its obligations hereunder. Buyer is a domestic corporation within the meaning of it pursuant to Section 7701 of the terms of this AgreementTax Code.

Appears in 1 contract

Samples: Master Transaction Agreement (Kaiser Group International Inc)

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