Common use of Organization, Existence and Good Standing Clause in Contracts

Organization, Existence and Good Standing. Seller is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware. Seller has full power and authority to own all of its properties and assets and to carry on its business as it is now conducted.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Strategic Hotels & Resorts, Inc), Membership Interest Purchase Agreement (Strategic Hotels & Resorts, Inc)

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Organization, Existence and Good Standing. Seller is a limited liability company corporation duly formedorganized, validly existing and in good standing under the laws Laws of the State state of Delaware. Seller Delaware and has full corporate power and authority to own own, lease and operate all of its properties and assets and to carry on its business as it is now presently conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (M/a-Com Technology Solutions Holdings, Inc.), Stock Purchase Agreement (Autoliv Inc)

Organization, Existence and Good Standing. Seller is a limited liability company duly formedorganized, validly existing and in good standing under the laws of the State of Delaware. Seller has full power and authority to own all of its properties and assets and to carry on its business as it is now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blount International Inc)

Organization, Existence and Good Standing. Seller is a limited liability company corporation, duly formedorganized, validly existing and in good standing under the laws of the State of Delaware. Seller has full power and authority to own all of its properties and assets and to carry on its business as it is now conducted.

Appears in 1 contract

Samples: Purchase Agreement (Loral Space & Communications Inc.)

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Organization, Existence and Good Standing. Seller is a limited liability company corporation duly formedorganized, validly existing and in good standing under the laws Laws of the State state of Delaware. Seller has full all necessary corporate power and authority to own all of enter into the Transaction Agreements, to carry out its properties and assets obligations thereunder and to carry on its business as it is now conductedconsummate the transactions contemplated thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (KVH Industries Inc \De\)

Organization, Existence and Good Standing. Seller is a limited liability company corporation duly formedorganized, validly existing and in good standing under the laws of the State of Delaware. Seller Delaware and has full corporate power and authority to own all of its properties and assets and to carry on its business as it now being conducted, to own and operate its properties and assets, and to perform all of its obligations under the Transaction Documents. Seller is now conductedqualified to do business in Nevada and any other jurisdiction in which failure to qualify could have a Material Adverse Effect on the Assets or the rights of Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Altair International Inc)

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