Common use of Organization of the Seller Clause in Contracts

Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder of the Seller is United Heritage Corporation.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder shareholders of the Seller is United Heritage Corporationare set forth in Section 2(a) of the Disclosure Schedule.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder shareholders of the Seller is United Heritage Corporationare Seacoast and Kennebec.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Organization of the Seller. The Seller is a corporation limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiariesorganization. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder general partners of the Seller is United Heritage Corporationare Xxxx X. Xxxxxxx and Xxx X. Xxxxxx.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder shareholders of the Seller is United Heritage Corporationare Xxxxxx Xxxxxxxx and Xxxx Xxxxxx.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Organization of the Seller. The Seller is a corporation limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporationorganization. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder partners of the Seller is United Heritage Corporationand their respective partnership interests and status as a general or limited partner are set forth in the Disclosure Schedule.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Organization of the Seller. The Seller is a corporation limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all the business activities operations of the Stations as now conducted by it. The sole shareholder Seller does not have any Subsidiaries. The general partner of the Seller is United Heritage CorporationAmerican Media Management, Inc., and the limited partners of the Seller are Xxxx Xxxx, Xxxxxx Xxxx, Xxxx Xxxxx and Xxxxxxx Xxxxx.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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