Common use of Organization, Existence and Good Standing Clause in Contracts

Organization, Existence and Good Standing. Seller is duly organized, validly existing and in good standing under the Laws of its jurisdiction of incorporation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Baltic Trading LTD), Stock Purchase Agreement (Genco Shipping & Trading LTD)

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Organization, Existence and Good Standing. Such Seller is duly organized, validly existing and in good standing under the Laws of its jurisdiction of incorporationincorporation or formation.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Anheuser-Busch Companies, Inc.), Equity Purchase Agreement (Craft Brewers Alliance, Inc.)

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Organization, Existence and Good Standing. Such Seller (other than any Seller that is an individual) is duly organized, validly existing and in good standing under the Laws laws of its jurisdiction of incorporationincorporation or formation, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Oaktree Capital Management Lp), Shareholders Agreement (Star Bulk Carriers Corp.)

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