Common use of Corporate Organization and Standing Clause in Contracts

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Appears in 6 contracts

Samples: Warrant and Common Stock Purchase Agreement (Enova Systems Inc), Stock Purchase Agreement (Enova Systems Inc), Stock Purchase Agreement (Enova Systems Inc)

AutoNDA by SimpleDocs

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of CaliforniaNevada. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Appears in 6 contracts

Samples: Stock Purchase Agreement (North American Oil & Gas Corp.), Stock Purchase Agreement (North American Oil & Gas Corp.), Stock Purchase Agreement (North American Oil & Gas Corp.)

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of CaliforniaDelaware. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreement.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Raybor Management Inc), Stock Purchase Agreement (Raybor Management Inc), Stock Purchase Agreement (Raybor Management Inc)

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is not presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would materially and adversely affect the Corporation's business.

Appears in 3 contracts

Samples: Series a Preferred Stock Purchase Agreement (Nogatech Inc), Series a Preferred Stock Purchase Agreement (Nogatech Inc), Series a Preferred Stock Purchase Agreement (Nogatech Inc)

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly validity existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is duly qualified to do business in the jurisdictions where it is currently doing business.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Us Electricar Inc), Common Stock Purchase Agreement (Hyundai Motor Co)

AutoNDA by SimpleDocs

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of CaliforniaNevada. The Corporation has the requisite corporate power to carry on its business as presently conducted, conducted and as proposed or contemplated to be conducted in the future, future and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this Agreementhereby. The Corporation is presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would have a material adverse affect on the Company's business.

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Fibercore Inc)

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated under this AgreementAgreement .

Appears in 1 contract

Samples: Stock Purchase Agreement (Us Electricar Inc)

Corporate Organization and Standing. The Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement Agreement, the Notes and the transactions contemplated under this AgreementAgreement and the Notes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Us Electricar Inc)

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