Common use of Due Organization and Power Clause in Contracts

Due Organization and Power. The Buyer is a corporation duly incorporated or otherwise organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization.

Appears in 2 contracts

Sources: Stock and Asset Purchase Agreement (Argonaut Technologies Inc), Stock and Asset Purchase Agreement (Argonaut Technologies Inc)

Due Organization and Power. The Buyer is a corporation duly incorporated or otherwise organized, validly existing and in good standing under the laws of its the jurisdiction of incorporation or organizationits organization and has all requisite corporate power and authority to enter into this Agreement and perform its obligations hereunder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Terra Nova Acquisition CORP)

Due Organization and Power. The Buyer is a corporation company duly incorporated or otherwise organized, validly existing and in good standing under the laws of its the jurisdiction of incorporation or organizationEngland and Wales and has all requisite corporate power and authority to enter into this agreement and perform its obligations hereunder.

Appears in 1 contract

Sources: Share Sale and Purchase Agreement (Syntroleum Corp)