Common use of Organization; Corporate Power Clause in Contracts

Organization; Corporate Power. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the State of Wyoming with the requisite power and authority to own, operate and lease Buyer’s properties and to carry out Buyer’s business as now conducted.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Life Clips, Inc.), Stock Purchase Agreement (Life Clips, Inc.), Stock Purchase Agreement (Life Clips, Inc.)

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Organization; Corporate Power. The Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the State its jurisdiction of Wyoming with the incorporation and all other jurisdictions in which its ownership of property or conduct of business requires it to be qualified. The Buyer possesses all requisite corporate power and authority to own, operate and lease Buyer’s properties and necessary to carry out Buyer’s on its business as now conducted.

Appears in 1 contract

Samples: Share Purchase Agreement (ReachLocal Inc)

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