Common use of Organization and Good Standing; Qualification Clause in Contracts

Organization and Good Standing; Qualification. New P.C. is a professional corporation duly organized, validly existing and in good standing under the laws of the State, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Business Management Agreement and the Physician Employment Agreements and consummate the transactions and perform the services contemplated thereby. New P.C. is duly qualified and licensed to do business and is in good standing in all jurisdictions where the nature of its intended business makes such qualification necessary.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc)

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Organization and Good Standing; Qualification. New P.C. P.A. is a professional corporation association duly organized, validly existing and in good standing under the laws of the State, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Business Management Agreement and Agreement, the Physician Employment Agreements and the Optometrist Employment Agreements and to consummate the transactions and perform the services contemplated thereby. New P.C. P.A. is duly qualified and licensed to do business and is in good standing in all jurisdictions where the nature of its intended business makes such qualification necessary.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc)

Organization and Good Standing; Qualification. New P.C. is a professional corporation duly organized, validly existing and in good standing under the laws of the State, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Business Management Agreement and the Physician Optometrist Employment Agreements and consummate the transactions and perform the services contemplated thereby. New P.C. is duly qualified and licensed to do business and is in good standing in all jurisdictions where the nature of its intended business makes such qualification necessary.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

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Organization and Good Standing; Qualification. New P.C. P.A. is a professional corporation association duly organized, validly existing and in good standing under the laws of the State, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Business Management Agreement and the Physician Employment Agreements and consummate the transactions and perform the services contemplated thereby. New P.C. P.A. is duly qualified and licensed to do business and is in good standing in all jurisdictions where the nature of its intended business makes such qualification necessary.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

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