Common use of Corporate Status Clause in Contracts

Corporate Status. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Company has the requisite power and authority to carry on the business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 33 contracts

Samples: Common Stock and Warrant Purchase Agreement, Investment Documents (GreenPlex Services, Inc.), Common Stock and Warrant Purchase Agreement (Entia Biosciences, Inc.)

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Corporate Status. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Company Nevada and has the all requisite corporate or other power and authority to carry on the its business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 2 contracts

Samples: Debt Exchange Agreement (Eco Innovation Group, Inc.), Debt Exchange Agreement (Eco Innovation Group, Inc.)

Corporate Status. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Company has the requisite Nevada with full corporate power and authority to carry on the its business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cirtran Corp), Securities Purchase Agreement (Cirtran Corp)

Corporate Status. The Company is a corporation duly organizedincorporated, validly existing existing, and in good standing under the laws of the State of Nevada. The Company , and has the all requisite corporate power and authority to own, operate and lease its properties and to carry on the its business as and in the places where such properties are now owned, operated and leased or such business is now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Verecloud, Inc.)

Corporate Status. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of Nevada. The Company has the requisite power and authority to carry on the business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 1 contract

Samples: Consulting Agreement (Financialweb Com Inc)

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Corporate Status. The Company is a Nevada corporation duly organizedincorporated, validly existing and in good standing under the laws of the State state of Nevada. The Company has the requisite Nevada with full corporate power and authority to carry on the conduct its business as now being conducted. The Company is legally qualified and to transact business as a foreign corporation in all jurisdictions where failure own or lease and to be so qualified would have a material adverse effect on operate its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Companyproperties.

Appears in 1 contract

Samples: Unit Purchase Agreement (Orion Ethanol, Inc)

Corporate Status. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Company has the requisite power and authority to carry on the business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.. Preferred Stock Purchase Agreement, Total Nutraceutical Solutions, Inc., 2011

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Total Nutraceutical Solutions, Inc.)

Corporate Status. The Company is a corporation duly organized, organized and validly existing and corporation in good standing under the laws of the State of Nevada. The Company has the requisite power and authority to carry on the business as now being conducted. The Company is legally qualified to transact business as a foreign corporation in all jurisdictions where failure to be so qualified would have a material adverse effect on its business. There is no pending or, to the Company's knowledge, threatened, proceeding for the dissolution, liquidation, insolvency or rehabilitation of the Company.

Appears in 1 contract

Samples: Exchange Agreement (China Media Networks International Inc.)

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