Common use of Organization, Good Standing, Power Clause in Contracts

Organization, Good Standing, Power. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is qualified to do business as a foreign corporation and is in good standing in the State of New York.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lazare Kaplan International Inc), Stock Purchase Agreement (Lazare Kaplan International Inc)

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Organization, Good Standing, Power. Etc. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State state of Delaware Delaware. Seller has all requisite corporate power and is qualified authority to do business as a foreign corporation execute, deliver and is in good standing in perform this Agreement. Seller has all requisite corporate power and authority to consummate the State of New Yorktransactions contemplated by this agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Competitive Companies Inc)

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Organization, Good Standing, Power. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State state of Delaware Delaware, and has the corporate power and authority to own, lease and operate its properties and to carry on its business as the same is now being conducted. Seller is qualified to do business as a foreign corporation and is in good standing in the State of New YorkMinnesota.

Appears in 1 contract

Samples: Software Purchase Agreement (Innoveda Inc)

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