Common use of Corporate Power, Qualification and Standing Clause in Contracts

Corporate Power, Qualification and Standing. The Corporation and its subsidiaries are validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock and to carry out and perform its other obligations under this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Ramtron International Corp), Stock Purchase Agreement (Commodore Applied Technologies Inc), Stock Purchase Agreement (Commodore Applied Technologies Inc)

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Corporate Power, Qualification and Standing. The Corporation and its subsidiaries are validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock and Warrants and to carry out and perform its other obligations under this AgreementAgreement and the Warrants.

Appears in 2 contracts

Samples: Common Stock and Warrants Purchase Agreement (Ramtron International Corp), Common Stock and Warrants Purchase Agreement (Ramtron International Corp)

Corporate Power, Qualification and Standing. The Corporation and its -------------------------------------------- subsidiaries are validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock and to carry out and perform its other obligations under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Roberts Pharmaceutical Corp)

Corporate Power, Qualification and Standing. The Corporation and its subsidiaries are validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock stock and to carry out and perform its other obligations under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Commodore Applied Technologies Inc)

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Corporate Power, Qualification and Standing. The Corporation and its subsidiaries are validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock and to carry out and perform its other obligations under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Commodore Applied Technologies Inc)

Corporate Power, Qualification and Standing. The Corporation and its subsidiaries are is ------------------------------------------- validly existing and in good standing under the laws of their respective jurisdictions the jurisdiction of incorporation and each of them is qualified to transact business in each jurisdiction in which its ownership of property or conduct of activities requires such qualification. The Corporation has all requisite corporate power and authority to enter into this Agreement, to sell the Stock Note, to issue the Warrant and to carry out and perform its other obligations under this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Blue Rhino Corp)

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