Common use of Organization and Standing of Seller Clause in Contracts

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

Appears in 3 contracts

Samples: Asset Purchase and Sale Agreement (Eltron International Inc), Asset Purchase Agreement (Landec Corp \Ca\), Asset Purchase Agreement (Landec Corp \Ca\)

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Organization and Standing of Seller. Seller is a California corporation duly organized, validly existing and in good standing under the laws of the State of CaliforniaCalifornia and has all requisite corporate power to carry on its business as it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quovadx Inc)

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Organization and Standing of Seller. Seller is a professional corporation duly organized, validly existing and in good standing under the laws of the State of CaliforniaCalifornia and has full power and authority to own and operate the Assets and to carry on the Business as and where it is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Prospect Medical Holdings Inc)

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