Organization; Corporate Power. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Nevada and all other jurisdictions in which its ownership of property or conduct of business requires it to be qualified. Buyer possesses all requisite power and authority necessary to own, operate and lease and license its properties, to carry on its business as now conducted and carry out the transactions contemplated by this Agreement and the other Transaction Documents to which Buyer is a party.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Caesars Acquisition Co)
Organization; Corporate Power. Buyer is a Nevada company limited liability company by shares that is duly organized, validly existing and in good standing under the laws of the State of Nevada and all other jurisdictions in which its ownership of property or conduct of business requires it to be qualified. Buyer possesses all requisite power and authority necessary to own, operate and lease and license its properties, to carry on its business as now conducted and carry out the transactions contemplated by this Agreement and the other Transaction Documents to which Buyer is a party.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (CrowdGather, Inc.)