Corporate Existence of Seller Sample Clauses

Corporate Existence of Seller. Seller (a) is a limited partnership duly formed, validly existing and in good standing under the laws of the State of Delaware and (b) has all requisite limited partnership power necessary to own its assets and carry on its business as its business is now being conducted.
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Corporate Existence of Seller. Seller is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Washington, and has full corporate power and authority to own, use and lease the Assets. Seller is duly qualified or licensed to do business as a foreign corporation and is in good standing in each jurisdiction in which the Assets make such qualification necessary, except in each case in those jurisdictions where the failure to be so duly qualified or licensed and in good standing would not create a Seller Material Adverse Effect. Seller has heretofore made available to Purchaser complete and correct copies of its restated articles of incorporation, as amended, and bylaws (or other comparable corporate charter documents), as currently in effect.
Corporate Existence of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of Bermuda. Except for authorizations by the board of directors of Seller as described in Section 2.02, Seller has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby, including without limitation to own, hold, sell and transfer (pursuant to this Agreement) the Shares.
Corporate Existence of Seller. Seller is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Montana, and has full corporate power and authority to own, operate and maintain the Generating Assets as and to the extent now conducted and to own, use, lease and operate the Assets. Seller is duly qualified or licensed to do business as a foreign corporation and is in good standing in each jurisdiction in which the Assets make such qualification necessary, except in each case in those jurisdictions where the failure to be so duly qualified or licensed and in good standing would not create a Seller Material Adverse Effect. Seller has heretofore made available to Purchaser complete and correct copies of its articles of incorporation and by-laws (or other comparable corporate charter documents), as currently in effect.
Corporate Existence of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Seller was formerly known as Applied Resources, Inc. Seller has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby, including without limitation to own, hold, sell and transfer (pursuant to this Agreement) the Shares. 4.2.
Corporate Existence of Seller. If the Seller is not an individual, the Seller is a company duly incorporated and validly existing under the Laws of the jurisdiction set out in Schedule A opposite that Seller’s name under the heading “Jurisdiction”.
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Corporate Existence of Seller. Seller is a corporation duly organized, validly existing and in good standing under the Laws of its jurisdiction of incorporation. Seller has all requisite corporate power and authority to carry on its business as it has been and is currently being conducted, to own, lease and operate the properties and assets used in connection therewith and to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby. Seller is duly qualified, licensed or admitted to do business and is in good standing in those jurisdictions specified in Schedule 5.01, which are the only jurisdictions in which the ownership use or leasing of its assets and properties, or the conduct or nature of its business, makes such qualification, licensing or admission necessary, except for those jurisdictions in which the adverse effects of all such failures by Seller to be qualified, licensed or admitted and in good standing could not in the aggregate reasonably be expected to have a material adverse effect on the business, assets, properties, condition (financial or otherwise) or results of operations of Seller (a "Material Adverse Effect"). Seller has prior to the execution of this Agreement delivered or made available for inspection to Purchaser true and complete copies of the certificate of incorporation and by-laws of Seller as currently in effect.
Corporate Existence of Seller. Seller is a resident corporation validly existing and in good standing under the Laws of Zimbabwe. Seller has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby, including without limitation to own, hold, sell and transfer (pursuant to this Agreement) the Included Assets.
Corporate Existence of Seller. During that period of time beginning on the Closing Date and continuing through and including the Release Date, the Stockholders shall maintain the Seller as a Massachusetts corporation in good standing and, in connection therewith, shall make all necessary filings and pay all necessary taxes, fees and expenses required by a Massachusetts corporation to maintain good standing. In exchange for the covenants set forth in the previous sentence, Purchaser has agreed to compensate Seller in the amount of Three Thousand Dollars ($3,000.00), for expenses incurred to maintain Seller's existence as a Massachusetts corporation. The compensation referred to in the previous sentence involved a reduction from Twenty-Five Thousand Dollars ($25,000.00) to Twenty-Two Thousand Dollars ($22,000.00) in the amount of working capital acquired by Purchaser from Seller in the Purchase Transaction.
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