Common use of Due Organization Clause in Contracts

Due Organization. Buyer is duly organized, validly existing and in good standing under the Laws of the jurisdiction of the State of Delaware. Buyer has full corporate power and authority necessary to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Syros Pharmaceuticals, Inc.), Asset Purchase Agreement, Asset Purchase Agreement (PTC Therapeutics, Inc.)

AutoNDA by SimpleDocs

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power , and authority necessary is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to carry on its business in the businesses places and in which it is engaged and to own and use the properties owned and used by itmanner as now conducted.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Workflow Management Inc), Stock Purchase Agreement (Workflow Management Inc), Stock Purchase Agreement (Workflow Management Inc)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full corporate power and authority necessary to carry on the businesses in which it is engaged enter into and to own and use the properties owned and used by itperform this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Mmi Products Inc), Stock Purchase Agreement (Phoenix Group Corp), Stock Purchase Agreement (Phoenix Group Corp)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer , and has full all requisite corporate power and corporate authority necessary to carry on the businesses in which own, lease and operate its properties and conduct its business as it is engaged and to own and use the properties owned and used by itpresently being conducted.

Appears in 2 contracts

Samples: Acquisition Agreement (Kiewit Peter Sons Inc), Acquisition Agreement (Calenergy Co Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws laws of the jurisdiction of the State of Delaware. Buyer Delaware and has full corporate all necessary power and authority necessary to carry on conduct its business in the businesses manner in which it its business is engaged currently being conducted. Each subsidiary of Buyer is a corporation duly organized, validly existing and in good standing under the laws of its place of incorporation and has all necessary power and authority to own and use conduct its business in the properties owned and used by itmanner in which its business is currently being conducted.

Appears in 2 contracts

Samples: Asset Acquisition Agreement (Blue Moon Group Inc), Asset Acquisition Agreement (Blue Moon Group Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction of the State of Delaware. Buyer has full corporate , with all requisite power and authority necessary to own, lease and operate its properties as presently owned, leased and operated and to carry on its business as presently conducted. Buyer is duly licensed or qualified to do business and is in good standing as a foreign corporation in each jurisdiction where the nature of the properties owned, leased or operated by it and the businesses in which transacted by it is engaged and to own and use the properties owned and used by itrequire such licensing or qualification.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Biomarin Pharmaceutical Inc)

Due Organization. The Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power Delaware and authority necessary is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to own, operate and lease its properties and to carry on the its respective businesses in which it is engaged the places and in the manner as now conducted, except where the failure to own and use be so authorized or qualified, individually or collectively, would not have a Material Adverse Effect on the properties owned and used by itBuyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Pec Solutions Inc), Stock Purchase Agreement (Pec Solutions Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction of the State laws of Delaware. Buyer , and has full all requisite corporate power and authority necessary to carry on the businesses in which own, lease and operate its properties and conduct its business as it is engaged and to own and use the properties owned and used by itpresently being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mad Catz Interactive Inc)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction of the State laws of Delaware. Buyer has full corporate all necessary power and authority necessary to carry on the businesses in which it is engaged enter into this Agreement and to own execute and use the properties owned deliver all other documents that Buyer is required to execute and used by itdeliver hereunder, and Buyer holds or will timely hold all permits, licenses, orders and approvals of all federal, state and local governmental or regulatory bodies necessary and required therefore.

Appears in 1 contract

Samples: Asset Purchase Agreement (IMARA Inc.)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate all necessary power and authority to enter into this Agreement and all other documents that Buyer is required to execute and deliver hereunder, and holds or will timely hold all permits, licenses, orders and approvals of all federal, state and local governmental or regulatory bodies necessary to carry on the businesses in which it is engaged and to own and use the properties owned and used by itrequired therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mindspeed Technologies, Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power the right, power, legal. capacity and authority necessary to carry on the businesses in which it is engaged execute and deliver this Agreement, and to own perform its obligations under this Agreement, and use all related documents, instruments, and certificates. This Agreement has been duly and validly executed and delivered by Buyer. No approval of any person or entity is required for the properties owned and used execution of this Agreement by it.Buyer or the consummation of any of the transaction contemplated by the Agreement

Appears in 1 contract

Samples: Purchase Agreement (Cirtran Corp)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction of the State laws of Delaware. Buyer has full corporate all necessary power and authority to enter into this Agreement and all other documents that Buyer is required to execute and deliver hereunder, and holds or will timely hold all permits, licenses, orders and approvals of all federal, state and. local governmental or regulatory bodies necessary to carry on the businesses in which it is engaged and to own and use the properties owned and used by itrequired therefore.

Appears in 1 contract

Samples: Asset Purchase Agreement (Skypath Networks Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has , with full corporate power and authority necessary to own or lease its properties and to carry on the businesses business in which it is engaged and to own and use the properties owned and used by itengaged.

Appears in 1 contract

Samples: Asset Purchase Agreement (Barrie Richard Fragrances Inc)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full all requisite corporate power and authority necessary to carry on enter into and perform this Agreement and the businesses in which it is engaged related agreements referred to herein and, following the Closing, to operate the Business and to own and use the properties owned and used by itShares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Air Methods Corp)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power , and authority necessary is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to carry on its business in the businesses places and in the manner as now conducted and is qualified to do business in each jurisdiction in which it is engaged and to own and use the properties owned and used character of the property owned, leased or operated by itBuyer or the nature of the business or activities conducted by Buyer makes such qualification necessary.

Appears in 1 contract

Samples: Purchase Agreement (Workflow Management Inc)

Due Organization. Buyer is a corporation duly organized, validly existing ---------------- existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full corporate power and authority necessary to carry on its business as now conducted. Complete and correct copies of the businesses in which it is engaged Articles of Incorporation and Bylaws of the Buyer, and all amendments thereto, have been heretofore delivered to own and use the properties owned and used by itSellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Imaging Systems Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction of the State laws of Delaware. Buyer , and has full corporate power and authority necessary to carry on the businesses business in which it is engaged and to own and use the properties owned and used by itengaged.

Appears in 1 contract

Samples: Asset Purchase Agreement (International Research & Development Corp)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate all necessary power and authority to enter into this Agreement and all other documents that Buyer is required to execute and deliver hereunder, and holds or will timely hold all permits, licenses, orders and approvals of all federal, state and local governmental or regulatory bodies necessary to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.required therefore. 4.2

Appears in 1 contract

Samples: Asset Purchase Agreement

Due Organization. Buyer is a corporation duly organizedincorporated, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power Delaware and authority necessary is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to carry on the their respective businesses in which it is engaged the places and to own and use in the properties owned and used by itmanner as now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ustman Technologies Inc)

Due Organization. Buyer is duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power Delaware and authority necessary is duly authorized, qualified and licensed under all applicable laws, regulations, and ordinances of public authorities to carry on its business in the businesses places and in which it is engaged and the manner as now conducted except for where the failure to own and use the properties owned and used by itbe so authorized, qualified or licensed would not have a material adverse affect on its business.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Wca Waste Corp)

AutoNDA by SimpleDocs

Due Organization. Buyer is duly organized, a corporation organized and validly existing and in good standing under the Laws laws of the jurisdiction of the its State of Delaware. Buyer Delaware and has full corporate power and authority necessary to carry on the businesses business in which it is engaged engaged. Buyer has delivered to Shareholders accurate, correct and to own complete copies of its Articles of Incorporation and use the properties owned and used by itBy-laws.

Appears in 1 contract

Samples: American Business Financial Services Inc /De/

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate all necessary power and authority necessary to carry on the businesses in which it is engaged enter into this Agreement and to own execute and use the properties owned deliver all other documents that Buyer is required to execute and used by itdeliver hereunder, and Buyer holds or will timely hold all permits, licenses, orders and approvals of all federal, state and local governmental or regulatory bodies necessary and required therefore.

Appears in 1 contract

Samples: Asset Purchase Agreement (Response Genetics Inc)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate , with all requisite power and authority necessary to carry on the businesses in which its business as it is engaged and to own and use the properties owned and used by itcurrently conducted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ufp Technologies Inc)

Due Organization. Buyer is a corporation duly organized, validly ---------------- existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate power , and authority necessary is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to carry on its business in the businesses places and in which it is engaged and to own and use the properties owned and used by itmanner as now conducted.

Appears in 1 contract

Samples: Purchase Agreement (Workflow Management Inc)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware; Buyer is qualified to do business and is in good standing in each state where the properties owned, leased, or operated, or the business conducted, by it require such qualification except where failure to so qualify would not have a Material Adverse Effect on the financial condition, properties, business, or results of operations of Buyer. Buyer has full the corporate power and authority necessary to own its property and assets and to carry on the businesses in which it is engaged and to own and use the properties owned and used by itits business as now presently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Smart Online Inc)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full the corporate power and authority to execute, deliver and perform this Agreement and the other documents contemplated hereby and to consummate the transactions contemplated hereby and thereby. Buyer has the requisite corporate power and authority and all licenses and permits necessary to carry on own or lease and operate the businesses in which it is engaged and to own and use the properties owned and used by itAcquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonomawest Holdings Inc)

Due Organization. (a) The Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full corporate power and authority necessary under applicable corporate law to own, lease and operate its properties and to carry on the businesses in which it is engaged and to own and use the properties owned and used by itits business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced Cell Technology, Inc.)

Due Organization. The Buyer is duly organizedformed, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer has full corporate Delaware with all requisite company power and authority necessary to own, lease and operate its properties and to carry on the businesses in which it is engaged and to own and use the properties owned and used by itits business as now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (CalAmp Corp.)

Due Organization. Buyer is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full corporate all requisite power and authority necessary to own, lease and operate all of its Assets and to carry on the businesses in which its business as and where it is engaged now conducted. Buyer is duly qualified to do business and to own and use is in good standing in the properties owned and used by itjurisdictions specified in Schedule 4.1(a).

Appears in 1 contract

Samples: Purchase and Sale Agreement (D G Jewellery of Canada LTD)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full all requisite corporate power and authority necessary to carry on enter into and perform this Agreement and the businesses in which it is engaged and to own and use the properties owned and used by itRelated Agreements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Air Methods Corp)

Due Organization. Buyer is a corporation duly organized, validly existing existing, and in good standing under the Laws of the jurisdiction laws of the State of Delaware. Buyer Delaware and has full all requisite corporate power and authority necessary to carry on enter into and perform this Agreement and the businesses in which it is engaged related agreements referred to herein and, following the Closing, to operate the Business and to own and use the properties owned and used by itInterests.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Air Methods Corp)

Due Organization. The Buyer is a corporation duly organized, ----------------- validly existing and in good standing under the Laws of the jurisdiction laws of the State of Delaware. The Buyer has full corporate power delivered to the Seller complete and authority necessary to carry on the businesses in which it is engaged correct copies of its Certificate of Incorporation, as amended, and to own and use the properties owned and used by itits By-Laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sybron Chemicals Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.