Common use of Organization, Power and Authority of Buyer Clause in Contracts

Organization, Power and Authority of Buyer. Buyer has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Interiors Inc), Stock Purchase Agreement (Interiors Inc), 1 Stock Purchase Agreement (Bentley International Inc)

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Organization, Power and Authority of Buyer. Buyer ------------------------------------------ has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Howard Jerry Wayne)

Organization, Power and Authority of Buyer. (a) Buyer has been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted. Buyer has been duly qualified as a foreign corporation for the transaction of business and is in good standing under the laws of each jurisdiction in which the nature of its business or location of its properties requires such qualification and in which the failure to so qualify would have a Material Adverse Effect on the business or operations of Buyer.

Appears in 1 contract

Samples: Agreement and Plan (L90 Inc)

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Organization, Power and Authority of Buyer. Buyer has ------------------------------------------ been duly organized and is existing as a corporation in good standing under the laws of the State of Delaware with full power and authority (corporate and other) to own and lease its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interiors Inc)

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