Common use of Corporate Organization and Authority Clause in Contracts

Corporate Organization and Authority. The Company is a corporation duly organized, validly existing and in good standing in the State of Delaware; and has the corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Company is qualified to do business in the states set forth in Section 3.1 of the Schedule of Exceptions.

Appears in 3 contracts

Samples: Unsecured Subordinated Note and Warrant Purchase Agreement (Pharmchem Inc), Unsecured Subordinated Note and Warrant Purchase Agreement (Pharmchem Inc), Unsecured Subordinated Note and Warrant Purchase Agreement (Pharmchem Inc)

AutoNDA by SimpleDocs

Corporate Organization and Authority. The Company Company: (a) is a corporation duly organized, validly existing existing, and in good standing in the State of Delaware; and and (b) has the corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Company is qualified to do business in the states set forth in Section 3.1 of the Schedule of Exceptions.

Appears in 2 contracts

Samples: Note Purchase Agreement (Taronis Fuels, Inc.), Note Purchase Agreement (Taronis Fuels, Inc.)

Corporate Organization and Authority. The Company is a corporation duly organized, validly existing existing, and in good standing in under the State law of Delaware; and has the corporate full power and corporate authority to own and operate its properties and properties, to carry on its business as now conducted and as proposed to be conducted. The Company , to execute and deliver this agreement and to perform its obligations hereunder and consummate the transactions contemplated hereby; and is qualified as a foreign corporation in all jurisdictions in which qualification is required and in which the failure to do business in qualify would have a material adverse effect on the states set forth in Section 3.1 of the Schedule of ExceptionsCompany's business, properties, or financial condition.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Network Event Theater Inc), Stock Purchase Agreement (Network Event Theater Inc)

Corporate Organization and Authority. The Company is a corporation duly organized, validly existing and in good standing in under the laws of the State of Delaware; and . The Company has the requisite corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as presently proposed to be conducted. The Company is qualified to do business in the states set forth in Section 3.1 of the Schedule of Exceptions.

Appears in 2 contracts

Samples: Convertible Investment Instrument Agreement (Morningside Venture Investments LTD), Convertible Investment Instrument Agreement (Environmental Impact Acquisition Corp)

Corporate Organization and Authority. The Company is a ------------------------------------ corporation duly organizedincorporated, validly existing and in good standing in under the laws of the State of Delaware; Delaware and has the full corporate power and corporate authority to own and operate its properties and properties, to carry on its business as now conducted conducted, to enter into this Agreement and to issue and sell the Notes and the Warrants as proposed to be conducted. The Company is qualified to do business contemplated in the states set forth in Section 3.1 of the Schedule of Exceptionsthis Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Worldcorp Inc)

Corporate Organization and Authority. The Company is a corporation duly organized, validly organized and existing under and is in good standing under the laws of the State of Delaware. The Company is qualified to do business in the State of Delaware; and New York, has the corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Company conducted and is qualified to do business as a foreign corporation in all jurisdictions except where a failure to so qualify would not have a material adverse effect on the states set forth in Section 3.1 of the Schedule of ExceptionsCompany.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Uproar Inc)

AutoNDA by SimpleDocs

Corporate Organization and Authority. The Company is a corporation duly organized, validly organized and existing under and is in good standing in under the laws of the State of Delaware; and . The Company has the corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Company conducted and is not qualified to do business as a foreign corporation in any jurisdiction and such qualification is not presently required in any jurisdiction where a failure to so qualify would have a material adverse effect on the states set forth in Section 3.1 of the Schedule of ExceptionsCompany.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Netratings Inc)

Corporate Organization and Authority. The Company Company: (a) is a corporation duly organizedincorporated, validly existing and in good standing in under the laws of the State of Delaware; ; (b) has all legal and has the corporate power and corporate authority to own and operate its properties Properties and to carry on its business as now conducted and as proposed to be conducted. The Company is qualified to do business in the states set forth in Section 3.1 of the Schedule of Exceptions.its

Appears in 1 contract

Samples: Waiver and Amendment Agreement (Cerplex Group Inc)

Corporate Organization and Authority. The Company is a corporation duly organized, validly existing and in good standing in under the laws of the State of Delaware; and . The Company has the requisite corporate power and corporate authority to own and operate its properties and to carry on its business as now conducted and as presently proposed to be conductedconducted (subject to any U.S. federal laws, statutes, and/or regulations as applicable to the production, trafficking, distribution, processing, extraction, sale, etc. The Company is qualified to do business in the states set forth in Section 3.1 of the Schedule of Exceptionscannabis and cannabis-related substances and products).

Appears in 1 contract

Samples: Stock Exchange Agreement (Ascend Wellness Holdings, Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!