Common use of Compliance with Corporate Instruments and Laws Clause in Contracts

Compliance with Corporate Instruments and Laws. The Company is not in violation of any provisions of its Articles of Incorporation or Bylaws as currently in effect. The Company is in compliance in all material respects with all applicable laws, statutes, rules, and regulations of all governmental and regulatory authorities which are applicable and the compliance with which is material to the Company or its assets or business. All licenses, franchises, permits and other governmental authorizations held by the Company and which are material to its business are valid and sufficient in all respects for the business presently carried on by the Company.

Appears in 5 contracts

Samples: Convertible Note Purchase Agreement (Press Ventures, Inc.), Note Purchase Agreement (American Petro-Hunter Inc), Debenture and Warrant Purchase Agreement (American Petro-Hunter Inc)

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Compliance with Corporate Instruments and Laws. The Company is not in violation of any provisions of its Articles Certificate of Incorporation or Bylaws as currently in effect. The Company is in compliance in all material respects with all applicable laws, statutes, rules, and regulations of all governmental and regulatory authorities which are applicable and the compliance with which is material to the Company or its assets or business. The Company has complied in all material respects at all times with any and all applicable federal, state and foreign laws, rules, regulations, proclamations and orders relating to the importation or exportation of its products. All licenses, franchises, permits and other governmental authorizations held by the Company and which are material to its business are valid and sufficient in all respects for the business presently carried on by the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Beacon Power Corp), Securities Purchase Agreement (RTS Wireless Inc)

Compliance with Corporate Instruments and Laws. The Company is not in violation of any provisions of its Articles Certificate of Incorporation or Bylaws as currently in effect. The Company is in compliance in all material respects with all applicable laws, statutes, rules, and regulations of all governmental and regulatory authorities which are applicable and applicable. The Company has or will have, as of the compliance with which is material to the Company or its assets or business. All licensesClosing Date, franchisesall necessary permits, permits licenses and other governmental authorizations held by the Company and which are material required to conduct its business are valid as conducted and sufficient in all respects for or proposed to be conducted, except where the business presently carried on by the Companyfailure to obtain such permits, licenses and authorizations would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock and Note Purchase Agreement (Converse Inc), Stock and Note Purchase Agreement (Converse Inc)

Compliance with Corporate Instruments and Laws. The Company is not in violation of any provisions of its Articles of Incorporation Organization or Bylaws operating agreement as currently in effect. The Company is in compliance in all material respects with all applicable laws, statutes, rules, and regulations of all governmental and regulatory authorities which are applicable and the compliance with which is material to the Company or its assets or business. All licenses, franchises, permits and other governmental authorizations held by the Company and which are material to its business are valid and sufficient in all respects for the business presently carried on by the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Stevia Corp)

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Compliance with Corporate Instruments and Laws. The Company is not in violation of any provisions of its Articles of Incorporation or Bylaws as currently in effect. The Each of the Company and each of its subsidiaries is in compliance in all material respects with all applicable laws, statutes, rules, and regulations of all governmental and regulatory authorities which are applicable and the compliance with which is material to the Company or and its assets or business. All licenses, franchises, permits and other governmental authorizations held by the Company and which are material to its business are valid and sufficient in all respects for the business presently carried on by the Companysubsidiaries taken as a whole.

Appears in 1 contract

Samples: Securities Purchase Agreement (Big Entertainment Inc)

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