name / content / group

name: Organization; Good Standing

content: 254420

ORGANIZATION; GOOD STANDING. The Buyer shall be a corporation duly organized, validly existing and in good standing under the laws of the State of Florida with all requisite corporate power to own, operate and lease its properties and assets and to enter into and perform its obligations hereunder. At the closing, the Buyer will be qualified to do business and will be in good standing in the State of New Jersey.