Common use of Due Incorporation and Qualification Clause in Contracts

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and in good standing under the laws of its jurisdiction of incorporation, is duly qualified to do business and in good standing as a foreign corporation in each jurisdiction in which its ownership of properties or the conduct of its businesses requires such qualification (except where the failure to obtain such qualification would not have a material adverse effect on the Company), and has the power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, as described in each Prospectus.

Appears in 4 contracts

Samples: Distribution Agreement (Ikon Office Solutions Inc), Distribution Agreement (Alco Standard Corp), Distribution Agreement (Alco Standard Corp)

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Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Companybusiness, operations, assets, financial condition or prospects of the Company ("Material Adverse Effect"), and . The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, as described in each Prospectusits business.

Appears in 4 contracts

Samples: Subscription Agreement (Aquacell Technologies Inc), Subscription Agreement (TOMI Environmental Solutions, Inc.), Subscription Agreement (Aquacell Technologies Inc)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Companybusiness, operations, assets, financial condition or prospects of the Company ("Material Adverse Effect"), and . The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 3 contracts

Samples: Agency Agreement (Queryobject Systems Corp), Agency Agreement (Golf Rounds Com Inc), Agency Agreement (Video Network Communications Inc)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), business of the Company and the Subsidiary taken as a whole. The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 1 contract

Samples: Agency Agreement (Dental Medical Diagnostic Systems Inc)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Companybusiness, operations, assets, financial condition or prospects of the Company and its subsidiaries taken as a whole ("Material Adverse Effect"), and . The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 1 contract

Samples: Agency Agreement (Tii Industries Inc)

Due Incorporation and Qualification. The Company THE COMPANY has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation in each jurisdiction in which its ownership of properties or the conduct of its businesses requires such qualification (except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), business of THE COMPANY) for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its properties or the conduct of its business requires such qualification. THE COMPANY has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, as described in each Prospectusits business.

Appears in 1 contract

Samples: Letter of Intent (Extreme Mobile Coatings Corp., Ltd.)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), business of the Company and its subsidiaries ("Subsidiaries") taken as a whole. The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 1 contract

Samples: Agency Agreement (Globalink Inc)

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Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation in each jurisdiction in which its ownership of properties or the conduct of its businesses requires such qualification (except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), ) for the transaction of business and has is in good standing in each jurisdiction in which the power and authority necessary to own ownership or hold leasing of its properties and to or the conduct the businesses in which it is engaged, as described in each Prospectusof its business requires such qualification.

Appears in 1 contract

Samples: Agency Agreement (H E R C Products Inc)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (quali fication, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), business of the Company and its subsidiaries ("Subsidiaries") taken as a whole. The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 1 contract

Samples: Agency Agreement (Globalink Inc)

Due Incorporation and Qualification. The Company has been duly incorporated, is validly existing and is in good standing under the laws of its jurisdiction state of incorporation, incorporation and is duly qualified to do business and in good standing as a foreign corporation for the transaction of business and is in good standing in each jurisdiction in which the ownership or leasing of its ownership of properties or the conduct of its businesses business requires such qualification (qualification, except where the failure to obtain such qualification so qualify would not have a material adverse effect on the Company), business of the Company and the Subsidiaries taken as a whole. The Company has the all requisite corporate power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged, its business as described in each Prospectusthe Offering Documents.

Appears in 1 contract

Samples: Agency Agreement (Milestone Scientific Inc/Nj)

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