Corporate Organization of the Company. Each of the parties is a corporation duly organized, validly existing and in good standing under the laws of the state of incorporation and has full corporate power and authority to carry on its business as it is now being conducted and to own the properties and assets it now owns.
Appears in 5 contracts
Samples: Rescission Agreement (Velt International Group Inc.), Rescission Agreement (Velt International Group Inc.), Rescission Agreement (Marijuana Co of America, Inc.)
Corporate Organization of the Company. Each of the parties is a corporation duly organized, validly existing and in good standing under the laws of the state of incorporation LosAngeles/146903.2 and has full corporate power and authority to carry on its business as it is now being conducted and to own the properties and assets it now owns.
Appears in 1 contract
Samples: Rescission Agreement
