Common use of Organization of Buyer Clause in Contracts

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporated, validly existing, and in good standing under the laws of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

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Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws of California. Buyer the State of California and has the requisite corporate power and authority to carry on its business as it is duly authorized now being conducted and as contemplated to conduct business and is in good standing under be conducted following the laws consummation of each jurisdiction where such qualification is requiredthe transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Harlyn Products Inc), Stock Purchase Agreement (Knickerbocker L L Co Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, --------------------- existing and in good standing under the laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Whittaker Corp), Asset Purchase Agreement (Whittaker Corp)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Seracare Life Sciences Inc), Asset Purchase Agreement (Boston Biomedica Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws of California. Buyer is duly authorized the state of California and neither the nature of its properties nor the conduct of its business requires buyer to conduct be qualified to transact business as a foreign corporation in any other state or jurisdiction in which the failure to be so qualified and is in good standing under would be materially adverse to the laws of each jurisdiction where such qualification is requiredbuyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sunrise Technologies International Inc)

Organization of Buyer. Buyer is a for profit benefit corporation an entity duly incorporatedorganized, validly existing, --------------------- existing and in good standing under the laws of the State of California. Buyer is duly authorized has full corporate power and authority to conduct own or lease and to operate and use its properties and assets and to carry on its business and is in good standing under the laws of each jurisdiction where such qualification is requiredas now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Critical Path Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws Laws of the state of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (Recruiter.com Group, Inc.)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporated, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized has the requisite power and authority to conduct own or lease and to operate and use its properties and assets and to carry on its business and is in good standing under the laws of each jurisdiction where such qualification is requiredas now conducted.

Appears in 1 contract

Samples: Asset Contribution and Equity Purchase Agreement (West Corp)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws of Californiathe jurisdiction of its incorporation or formation. Buyer is duly authorized qualified to conduct transact business as a foreign corporation in the state of California and is a foreign corporation in good standing under the laws of each jurisdiction where such qualification is requiredthe state of California.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intuit Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws Laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Ambassadors International Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporated, validly existing, existing and in good standing under the laws Laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (Troika Media Group, Inc.)

Organization of Buyer. Buyer is a for profit benefit corporation limited liability company duly incorporatedorganized, validly existing, existing and in good standing under the laws of the state of California. Buyer has the limited liability company power to own its properties and to carry on its business as now conducted. Buyer is duly authorized qualified to conduct do business as now being conducted and is authorized and in good standing under the laws of in each jurisdiction where such qualification is requiredin which the failure to so qualify or be in good standing would result in a material adverse effect on Buyer’s business or properties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lion Inc/Wa)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Stock Purchase Agreement (Reliance Steel & Aluminum Co)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws of the State of California. Buyer is duly authorized has the corporate power to conduct own its properties and to carry on its business and is in good standing under the laws of each jurisdiction where such qualification is requiredas now being conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bell Microproducts Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized has full corporate power and authority to conduct own or lease and to operate and use its properties and assets and to carry on its business and is in good standing under the laws of each jurisdiction where such qualification is requiredas now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Electro Rent Corp)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, and in good standing under the laws of the State of California. Buyer is duly authorized has the corporate power to conduct own its properties and to carry on its business as now being conducted and, after the Closing, will have all corporate power to own and is in good standing under operate the laws of each jurisdiction where such qualification is requiredAcquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pinnacle Systems Inc)

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Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized corporation, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (Surewest Communications)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized , and has all requisite power and authority to conduct business own and is in good standing under the laws of each jurisdiction where such qualification is requiredoperate its business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Active Network Inc)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, --------------------- validly existing, existing and in good standing under the laws of Californiathe State of California and has all requisite corporate power and authority to carry on its business. Buyer is duly authorized qualified to conduct transact business and is in good standing under the laws of in each jurisdiction where such qualification is requiredin which the failure to be so qualified would have a material adverse effect on its business or properties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hearme)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedformed, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized has full corporate power and authority to conduct own or lease and operate its assets and to carry on its business and is in good standing under the laws manner that it was conducted immediately prior to the date of each jurisdiction where such qualification is requiredthis Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mercury General Corp)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws of the State of California. Buyer is duly authorized qualified to conduct do business and is in good standing under the laws of in each jurisdiction where such qualification in which Buyer’s business is requiredcurrently conducted and presently contemplated to be conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (NTN Buzztime Inc)

Organization of Buyer. Buyer is a for profit benefit corporation limited liability company duly incorporated, organized and validly existing, and in good standing under the laws of the state of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alpha Microsystems)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporatedorganized, validly existing, existing and in good standing under the laws Laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Employment Agreement

Organization of Buyer. Buyer is a for profit benefit corporation an entity duly incorporatedorganized, validly existing, existing and in good standing under the laws of its jurisdiction. If Buyer conducts the operations upon the Closing, it will be duly qualified to carry on the Operations and will be in good standing in the State of California. Buyer is duly authorized has full corporate power and authority to conduct own or lease and to operate and use its properties and assets and to carry on its business and is in good standing under the laws of each jurisdiction where such qualification is requiredas now conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Trimble Navigation LTD /Ca/)

Organization of Buyer. Buyer is a for profit benefit corporation duly incorporated, organized and validly existing, and in good standing existing under the laws of the State of California. Buyer is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.

Appears in 1 contract

Samples: Asset Purchase Agreement (U S Medical Products Inc)

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