Common use of Authority to Conduct Business Clause in Contracts

Authority to Conduct Business. It is duly organized and in good standing under the laws of the jurisdiction in which it is incorporated and has all requisite corporate power and authority and the permits, consents, and qualifications necessary to operate its business as it is currently being conducted.

Appears in 3 contracts

Samples: Marketing and Distribution Agreement (Orthopedic Biosystems LTD Inc), Exclusive Marketing and Distribution Agreement (North American Scientific Inc), Exclusive Manufacturing and Supply Agreement (North American Scientific Inc)

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Authority to Conduct Business. It is duly organized and in good ----------------------------- standing under the laws of the jurisdiction in which it is incorporated and has all requisite corporate power and authority and the permits, consents, and qualifications necessary to operate its business as it is currently being conducted.

Appears in 2 contracts

Samples: Joint Development Agreement (Vital Images Inc), Joint Development Agreement (Vital Images Inc)

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