Common use of Corporate Status and Good Standing Clause in Contracts

Corporate Status and Good Standing. The Company is a corporation duly organized and validly existing under the laws of the State of Delaware and is in good standing with the Delaware Secretary of State, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

Appears in 7 contracts

Samples: Dealer Manager Agreement (GWG Holdings, Inc.), Dealer Manager Agreement (Investment Grade R.E. Income Fund, L.P.), Dealer Manager Agreement (GWG Holdings, Inc.)

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Corporate Status and Good Standing. The Company is a corporation duly organized and organized, validly existing and in good standing under the laws of the State of Delaware and is in good standing with the Delaware Secretary of StateDelaware, with all requisite full corporate power and authority under its certificate or articles of incorporation and by- laws to enter into this Agreement and to carry out conduct its obligations hereunderbusiness as the same exists.

Appears in 1 contract

Samples: Stock Repurchase and Promissory Note Repayment Agreement (Drilex International Inc)

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