Common use of Organization; Good Standing; Qualification Clause in Contracts

Organization; Good Standing; Qualification. The Purchaser, if it is an entity, is duly formed, validly existing and in good standing under the laws of its jurisdiction of organization and is qualified or registered to do business in each jurisdiction in which the nature of its business or operations requires such qualification or registration.

Appears in 10 contracts

Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp)

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Organization; Good Standing; Qualification. The Such Purchaser, if it is an entity, is duly formed, validly existing and in good standing under the laws of its jurisdiction of organization and is qualified or registered to do business in each jurisdiction in which the nature of its business or operations requires such qualification or registration.

Appears in 2 contracts

Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp)

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