Common use of Due Organization, Good Standing and Power Clause in Contracts

Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer has all requisite corporate power and authority to enter into this Agreement and each other agreement expressly provided for herein, to perform its respective obligations hereunder and thereunder and to own, lease and operate its assets and to conduct its business as now conducted.

Appears in 1 contract

Samples: Employment Agreement (Eagle Geophyical Inc)

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Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer Delaware and has all the requisite corporate power and authority to enter into this Agreement and each other agreement expressly provided for herein, to perform its respective obligations hereunder and thereunder and to own, lease and operate its assets and to conduct the business being conducted by it. Buyer has delivered true, correct and complete copies of its business as now conductedcertificate of incorporation and by-laws to Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Instinet Group Inc)

Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer has all requisite corporate power and authority to enter into this Agreement and each other agreement expressly provided for herein, to perform its respective obligations hereunder and thereunder and to own, lease and operate its assets and to conduct its business as now conducted.

Appears in 1 contract

Samples: Stock Exchange Agreement (First Wave Marine Inc)

Due Organization, Good Standing and Power. 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 and other power and authority to enter into this Agreement and each any other agreement expressly provided for herein, contemplated hereby and to perform its respective obligations hereunder and thereunder and to own, lease and operate its assets and to conduct its business as now conductedthereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Granite Financial Inc)

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Due Organization, Good Standing and Power. Buyer is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Buyer Delaware and has all the requisite corporate power and authority to enter into this Agreement and each other agreement expressly provided for herein, to perform its respective obligations hereunder and thereunder and to own, lease and operate its assets and to conduct the business being conducted by it. Buyer has delivered true, correct and complete copies of its business as now conductedCertificate of Incorporation and By-laws to ProTrader LP.

Appears in 1 contract

Samples: Interest Purchase Agreement (Instinet Group Inc)

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