Common use of Organization of Seller Clause in Contracts

Organization of Seller. Seller is a company duly organized, validly existing and in good standing under the laws of Virginia, has all power and capacity to own, lease and operate its properties and to carry on its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

Appears in 2 contracts

Samples: Hotel Purchase and Sale Agreement (Apple Hospitality Five Inc), Hotel Purchase and Sale Agreement (Apple Hospitality Two Inc)

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Organization of Seller. Seller is a company corporation duly organized, validly existing and in good standing under the laws Laws of the Commonwealth of Virginia, has all power and capacity to own, lease and operate its properties and to carry on its business as it is now being conducted and . Seller is duly qualified or licensed to transact business and is in good standing to do business in each jurisdiction all jurisdictions in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessaryor licensure is required pursuant to the Laws of such jurisdictions.

Appears in 2 contracts

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

Organization of Seller. Seller is a company corporation duly organizedincorporated, validly existing and in good standing under the laws of Virginia, the Commonwealth of Virginia and has all full corporate power and capacity to own, lease and operate its properties enter into this Agreement and to carry on perform its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessaryobligations hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Chesapeake Corp /Va/)

Organization of Seller. Seller is a company corporation duly organizedincorporated, validly existing and in good standing under the laws of Virginia, Virginia and has all full corporate power and capacity to own, lease and operate its properties enter into this Agreement and to carry on perform its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessaryobligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fonda Group Inc)

Organization of Seller. Seller is a company corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia, has all power and capacity to own, lease and operate its properties and to carry on its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (National Data Corp)

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Organization of Seller. Seller is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Virginia, and has all requisite power and capacity authority to own, own and lease and operate its the properties and assets it currently owns and leases and to carry on conduct its business activities as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessaryactivities are currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (LOCAL.COM)

Organization of Seller. Seller is a company corporation duly organizedincorporated, validly existing and in good standing under the laws of Virginia, the Commonwealth of Virginia and has all full corporate power and capacity authority to own, lease and operate its properties enter into this Agreement and to carry on perform its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessaryobligations hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Smithfield Foods Inc)

Organization of Seller. Seller is a company corporation duly organizedformed, validly existing and in good standing under the laws of the Commonwealth of Virginia, has all power and capacity to own, lease and operate its properties and to carry on its business as it is now being conducted and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

Appears in 1 contract

Samples: Asset Purchase Agreement (Steelcloud Inc)

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