Common use of Corporate Existence; Authority Clause in Contracts

Corporate Existence; Authority. The Issuer is a corporation duly organized, validly existing and in good standing under the laws of Delaware, and it has all requisite power and authority to carry on its business as it is being conducted. The individual executing and delivering this Agreement on behalf of the Issuer has been duly authorized to execute and deliver this Agreement on behalf of the Issuer, and the signature of such individual is binding upon the Issuer.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Contango ORE, Inc.), Securities Purchase Agreement (Contango ORE, Inc.), Subscription Agreement (Contango ORE, Inc.)

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Corporate Existence; Authority. The Issuer is a corporation duly organized, validly existing and in good standing under the laws of DelawareNevada, and it has all requisite power and authority to carry on its business as it is being conducted. The individual executing and delivering this Agreement on behalf of the Issuer has been duly authorized to execute and deliver this Agreement on behalf of the Issuer, and the signature of such individual is binding upon the Issuer.

Appears in 5 contracts

Samples: Purchase Agreement (Contango Oil & Gas Co), Purchase Agreement (Contango Oil & Gas Co), Purchase Agreement (Contango Oil & Gas Co)

Corporate Existence; Authority. The Issuer is a corporation duly organized, validly existing and in good standing under the laws of DelawareNevada, and it has all requisite power and authority to carry on its business as it is being conducted. The individual executing and delivering this Agreement on behalf of the Issuer has been duly authorized to execute and deliver this Agreement on behalf of the Issuer, and the signature of such individual is binding upon the Issuer.duly

Appears in 2 contracts

Samples: Securities Purchase Agreement (Contango Oil & Gas Co), Securities Purchase Agreement (Southern Ute Indian Tribe Dba Suite Growth Fund)

Corporate Existence; Authority. The Issuer is a corporation duly organized, validly existing and in good standing under the laws of DelawareNevada, and it has all requisite corporate power and authority to carry on its business as it is now being conducted. The individual executing and delivering this Agreement on behalf of the Issuer has been duly authorized to execute and deliver this Agreement on behalf of the Issuer, and the signature of such individual is binding upon the Issuer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Abraxas Petroleum Corp)

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Corporate Existence; Authority. The Issuer is a corporation duly organized, validly existing and in good standing under the laws of Delaware, and it has all requisite corporate power and authority to carry on its business as it is now being conducted. The individual executing and delivering this Agreement on behalf of the Issuer has been duly authorized to execute and deliver this Agreement on behalf of the Issuer, and the signature of such individual is binding upon the Issuer. The Issuer has no subsidiaries.

Appears in 1 contract

Samples: Series a Preferred Stock Subscription and Registration Rights Agreement (Rock Energy Resources, Inc.)

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