Common use of Organization of the Sellers Clause in Contracts

Organization of the Sellers. Each of the Sellers is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation as indicated on the signature pages hereof. Each of the Sellers has full power to carry on its business as now conducted and is qualified to do business as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on the Acquired Assets.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Omniamerica Inc), Asset Purchase and Sale Agreement (Arch Communications Group Inc /De/)

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Organization of the Sellers. Each of the Sellers is a corporation duly organized, validly existing, and in good standing under the laws of the its jurisdiction of organization, and has all requisite power and authority to hold its incorporation as indicated on the signature pages hereof. Each of the Sellers has full power respective Portfolio Assets, to carry on its business as it is now being conducted and is qualified to do business as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on the Acquired Assetsexecute, deliver and perform its obligations under this Agreement.

Appears in 2 contracts

Samples: Acquisition Agreement (Osisko Gold Royalties LTD), Acquisition Agreement (Osisko Gold Royalties LTD)

Organization of the Sellers. Each of the Sellers is a corporation corporation, duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation as indicated on the signature pages hereofincorporation. Each of the Sellers has full power to carry on its business as now conducted and is qualified to do business and is in good standing as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on the Acquired Assets.a

Appears in 1 contract

Samples: Asset Purchase Agreement (Miami Cruiseline Services Holdings I B V)

Organization of the Sellers. Each of the Sellers is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation as indicated on the signature pages hereof. Each of the Sellers has full power to carry on its business as now conducted and is qualified to do business as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on the Acquired Assetsincorporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Todays Man Inc)

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Organization of the Sellers. (a) Each of the Sellers is a corporation duly organized, validly existing, existing and in good standing under the laws of the its jurisdiction of incorporation and has all requisite corporate power and authority to own, lease and operate its incorporation as indicated on the signature pages hereof. Each of the Sellers has full power properties and to carry on its business as now conducted and is qualified to do business as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on the Acquired Assetsconducted.

Appears in 1 contract

Samples: Share Purchase Agreement (DryShips Inc.)

Organization of the Sellers. (a) Each of the Sellers Seller is a corporation duly organized, validly existing, existing and in good standing under the laws of the its jurisdiction of its incorporation as indicated on the signature pages hereof. Each of the Sellers has or formation with full power and authority to carry on conduct its business as now it is presently being conducted and is qualified to do business own and lease its properties and assets. Copies of the Certificates or Articles of Incorporation and Bylaws or other organizational documents of each of the Sellers, and all amendments thereto, heretofore delivered to Buyer are accurate and complete as a foreign entity in each jurisdiction where failure to so qualify would have a material adverse affect on of the Acquired Assetsdate hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bekins Co /New/)

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