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. Except as set forth in Section 2(a) of the Disclosure Schedule, the Seller does not have any

Appears in 1 contract

Samples: Asset Purchase Agreement (Cumulus Media Inc)

AutoNDA by SimpleDocs

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. Except as set forth in Section 2(a) of the Disclosure Schedule, the The Seller does not have anyany 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 Michxxx X. Xxxxxxxx ("Xhilxxxx").

Appears in 1 contract

Samples: 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 Laws of the jurisdiction of its incorporation, with all requisite corporate power and authority to conduct its business as it is now being conducted, to own or use the properties and assets that it purports to own or use, and to perform all its obligations under the agreements and instruments to which it is a party or by which it is bound. Except as set forth in Section 2(a) of the Disclosure Schedule, the Seller does not have any3.3

Appears in 1 contract

Samples: Asset Purchase Agreement (Gsi Group Inc)

Organization of the Seller. The Seller is a corporation limited liability company duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporationorganization. Except as set forth in Section 2(a) of the Disclosure Schedule, the The Seller does not have anyany 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 shareholders of the Seller are Thomxx X. Xxxxxxx, Xxegxxx X. Xxxxxx, Xxdix Xxxxxx xxx Davix Xxxxxxx.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cumulus Media Inc)

AutoNDA by SimpleDocs

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. Except as set forth in Section 2(a) of the Disclosure Schedule, the The Seller does not have anyany 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 shareholders of the Seller are Xxxx X. Xxxxxxxx, Xxxxx Xxx Xxxxxxxx, Xxxxxxx Xxxxxxxxx, Xxxxxx Xxxxxxxx, Xxxxx Xxxxxxxx, and Xxxxxxx X.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cumulus Media Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.