Common use of Corporate Clause in Contracts

Corporate. (a) Seller is a corporation duly organized, existing and in good standing under the laws of the State of Connecticut. Seller has all necessary corporate power and authority to own its properties and assets and to conduct its business as now conducted.

Corporate. (a1) The Seller is a corporation duly organized, validly existing and in good standing under and by virtue of the laws of the State of ConnecticutNew Jersey. The Seller has all necessary corporate power and authority is qualified to own its properties and assets and to conduct its do business as now conducteda foreign corporation in such other states in which the ownership of its assets or the nature and conduct of its businesses requires such qualification and which are set forth in Schedule "2(a)" previously delivered to Buyer.