Common use of Organization of Buyer Clause in Contracts

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 8 contracts

Samples: Assumption Agreement (Rocky Mountain Chocolate Factory Inc), Membership Interest Purchase Agreement (Rocky Mountain Chocolate Factory Inc), Membership Interest Purchase Agreement (U-Swirl, Inc.)

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Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing as a domestic corporation under the laws of the State of Nevada, Nevada and has all requisite the corporate power and authority to own and lease the properties and assets it currently owns and leases carry on its business as now conducted and to conduct perform its activities as such activities are currently conductedobligations hereunder.

Appears in 5 contracts

Samples: Definitive Asset Purchase Agreement (Sitestar Corp), Asset Purchase Agreement (Sitestar Corp), Agreement (Sitestar Corp)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 3 contracts

Samples: Equity Interest Purchase Agreement (Upexi, Inc.), Stock Purchase Agreement (Leafbuyer Technologies, Inc.), Equity Interest Purchase Agreement (Grove, Inc.)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the State state of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Kindcard, Inc.), Asset Purchase Agreement (Intellinetics, Inc.), Asset Purchase Agreement (Avant Diagnostics, Inc)

Organization of Buyer. Buyer is a corporation corporation, formed and duly organized, validly existing, and in good standing organized under the laws of the State of Nevada, and has all the requisite power and authority to own and lease the properties and assets it currently owns and leases enter into this Agreement and to conduct its activities as such activities are currently conductedperform the terms of this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Nighthawk Systems Inc), Asset Purchase Agreement (Eagle Broadband Inc), Asset Purchase Agreement (Eagle Broadband Inc)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Upexi, Inc.), Stock and Membership Interest Purchase Agreement (American Rebel Holdings Inc), Asset Purchase Agreement (Adamas One Corp.)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada, Nevada and has all requisite full corporate power and authority to own own, lease and lease the operate its properties and assets to carry on its business as it currently owns and leases and to conduct its activities as such activities are currently is now being conducted.

Appears in 2 contracts

Samples: Asset Purchase Agreement (EncryptaKey, Inc.), Purchase Agreement (Homeland Security Network, Inc.)

Organization of Buyer. The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of Nevada, and it has all necessary corporate powers to own properties and carry on a business and is duly qualified to do business and is in good standing in the jurisdictions where qualification is required. All actions taken by the incorporators, directors, and stockholders of corporation have been valid and in accordance with the laws of the State of Nevada, and has all requisite power and authority to own and lease . The corporation was organized in the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.State of Nevada in 2018 under the name Crucial Innovations Corp.

Appears in 2 contracts

Samples: Share Purchase Agreement (Crucial Innovations, Corp.), Equity Purchase Agreement (Crucial Innovations, Corp.)

Organization of Buyer. Buyer is a corporation duly organizedincorporated, validly existing, existing and in good standing under the laws of the State of Nevada, and . Buyer has all the requisite power and authority to own or lease and lease the properties operate its assets as and assets it where currently owns owned, operated and leases leased and to conduct carry on its activities as such activities are currently conductedbusinesses in all material respects in the manner that they were conducted immediately prior to the date of this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Cryoport, Inc.), Purchase Agreement (Chart Industries Inc)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and . Buyer is duly authorized to conduct its activities as business and is in good standing under the laws of each jurisdiction where such activities are currently conductedqualification is required.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Bloomios, Inc.), Membership Interest Purchase Agreement (Upexi, Inc.)

Organization of Buyer. Buyer is duly organized and validly existing as a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and has all requisite with the power and authority to own and lease the its properties and assets it currently owns and leases and to conduct its activities business as such activities properties are currently owned and such business is currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Penn Treaty American Corp)

Organization of Buyer. Buyer is a Nevada corporation duly organized, validly existing, and in good standing under the laws of the State jurisdiction of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conductedincorporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aptus Corp)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and . Buyer has all requisite full corporate power and authority to own and lease the properties and assets it currently owns and leases its property and to conduct carry on its activities business as and in the places where such activities are currently property is now owned or operated or such business is now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Premier Holding Corp.)

Organization of Buyer. Buyer is a corporation corporation, duly organized, validly existing, and in good standing under the laws of the State state of Nevada, . The Buyer is duly qualified to do business and has all requisite power and authority to own and lease is in good standing in each jurisdiction in which the ownership of its properties and assets it currently owns and leases and to conduct the operation of its activities as business make such activities are currently conductedqualification necessary.

Appears in 1 contract

Samples: Mutual Termination Agreement (Baseline Oil & Gas Corp.)

Organization of Buyer. Buyer is a corporation limited liability company duly organized, validly existing, and in good standing under the laws Laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Poster Financial Group Inc)

Organization of Buyer. Buyer is a corporation duly organizedformed, validly existing, existing and in good standing under the laws of the State of Nevada, and has with all requisite corporate power and authority to carry on the business in which it is engaged, to own and lease the properties and assets it currently owns and leases to execute and deliver this Agreement and to conduct its activities as such activities are currently conductedconsummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beam Global)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the State of NevadaDelaware, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted. Buyer is duly qualified to do business as a foreign corporation and is in good standing in Nevada.

Appears in 1 contract

Samples: Asset Purchase Agreement (Echo Bay Mines LTD)

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Organization of Buyer. Buyer is a corporation duly organizedincorporated, validly existing, existing and in good standing under the laws of the State of Nevada, and . Buyer has all requisite the corporate power and corporate authority to own or lease and lease the properties and operate its assets it currently owns and leases and to conduct carry on its activities as such activities are currently conductedbusinesses in the manner that they were conducted immediately prior to the date of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Surge Global Energy, Inc.)

Organization of Buyer. Buyer is a corporation limited liability company duly organized, validly existing, existing and in good standing under the laws Laws of the State of Nevada, Nevada and has all requisite necessary corporate power and authority to own and lease the properties and assets it currently owns and leases and to conduct carry on its activities business as such activities are currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Item 9 Labs Corp.)

Organization of Buyer. The Buyer is a corporation corporation, duly organized, validly existing, existing and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Aluf Holdings, Inc.)

Organization of Buyer. Buyer is a corporation duly organized, --------------------- validly existing, and in good standing under the laws of the State of Nevada, Ohio and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and is duly authorized to conduct its activities as such activities are currently conductedbusiness and is in good standing in the State of Nevada.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atlas Corp)

Organization of Buyer. Buyer is a corporation corporation, duly organizedincorporated, validly existing, existing and in good standing under the laws Laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eastside Distilling, Inc.)

Organization of Buyer. Authorization. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada, and has all requisite with full power and authority to own execute and lease the properties and assets it currently owns and leases deliver this Agreement and to conduct perform its activities as such activities are currently conductedobligations hereunder. The execution, delivery and performance of this Agreement have been duly authorized by all necessary corporate action of Buyer and this Agreement constitutes a valid and binding obligation of Buyer, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Acquisition Agreement (Multinet International Corp Inc)

Organization of Buyer. Buyer is a corporation duly organized, organized validly existing, existing and in good standing under the laws of the State of Nevada, and has all requisite full corporate power and authority to own conduct its business as it is presently being conducted and to own, lease the and operate its properties and assets it currently owns and leases and to conduct its activities as such activities are currently conductedassets.

Appears in 1 contract

Samples: Stock Purchase Agreement (Songzai International Holding Group Inc)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws Laws of the State of Nevada, . Buyer is duly authorized to conduct business and is in good standing under the Laws of each jurisdiction where such qualification is required and where failure to be so qualified would have a Material Adverse Effect. Buyer has all requisite full corporate power and authority and all Permits necessary to carry on the businesses in which it is engaged and to own and lease use the properties owned and assets it currently owns and leases and to conduct its activities as such activities are currently conductedused by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intelligent Living Inc.)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation and is in good standing under the laws of the State of Nevada, and has all requisite power and authority to own and lease the properties and assets it currently owns and leases and to conduct its activities as such activities are currently conducted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bullfrog Gold Corp.)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, and in good standing as a domestic corporation under the laws of the State of Nevada, Nevada and has all requisite the corporate power and authority to own and lease the properties and assets it currently owns and leases carry on its business as now conducted and to conduct perform its activities as such activities are currently conductedobligations hereunder.

Appears in 1 contract

Samples: Definitive Asset Purchase Agreement (Sitestar Corp)

Organization of Buyer. Buyer is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada, Nevada and has all requisite full corporate power and authority to own or lease and lease the to operate and use its properties and assets it currently owns and leases and to conduct carry on its activities business as such activities are currently now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colombia Goldfields LTD)

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