Common use of Organization, Standing and Authority Clause in Contracts

Organization, Standing and Authority. Buyer is a corporation validly ------------------------------------ existing and in good standing under the laws of the State of Delaware.

Appears in 5 contracts

Sources: Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC)

Organization, Standing and Authority. Buyer is a corporation duly organized, validly ------------------------------------ existing and in good standing under the laws of the State of Delaware. Buyer has all necessary corporate power and authority to enter into this Agreement and to perform its obligations hereunder.

Appears in 5 contracts

Sources: Option Agreement (QLT Inc/Bc), Asset Purchase and Sale Agreement (QLT Inc/Bc), Option Agreement (QLT Inc/Bc)

Organization, Standing and Authority. Buyer is a corporation limited ------------------------------------ liability company duly organized, validly ------------------------------------ existing and in good standing under the laws of the State of Delaware. Buyer has the requisite company power and authority to execute and deliver this Agreement and to perform and comply with all of the terms, covenants and conditions to be performed and complied with by Buyer hereunder and thereunder.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Mediacom LLC), Asset Purchase Agreement (Mediacom Capital Corp)

Organization, Standing and Authority. Buyer is a corporation duly organized, validly ------------------------------------ existing existing, and in good standing under the laws of the State of Delaware. Buyer has all requisite power and authority to execute and deliver this Agreement and the documents contemplated hereby, and to perform and comply with all of the terms, covenants, and conditions to be performed and complied with by Buyer hereunder.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Paxson Communications Corp), Stock Purchase Agreement (Paxson Communications Corp)

Organization, Standing and Authority. Buyer is a corporation duly organized, validly ------------------------------------ existing and in good standing under the laws of the State of Delaware. Buyer has all necessary corporate power and corporate authority to enter into this Agreement and to perform its obligations hereunder.

Appears in 1 contract

Sources: Asset Purchase Agreement (Ask Jeeves Inc)

Organization, Standing and Authority. Buyer is a corporation validly ------------------------------------ existing and in good standing under the laws of the State of Delaware. Buyer is duly authorized, qualified or licensed to do business as a foreign corporation and is in good standing under the Legal Rules of each jurisdiction in which the nature of its activities makes such qualifications necessary.

Appears in 1 contract

Sources: Asset Purchase Agreement (Media General Inc)

Organization, Standing and Authority. Buyer is a corporation duly organized, validly ------------------------------------ existing and in good standing under the laws of the State of Delaware. Buyer has all requisite corporate power and authority to execute, deliver and perform this Agreement in accordance with its terms.

Appears in 1 contract

Sources: Stock Purchase Agreement (MJD Communications Inc)