Common use of Due Incorporation, Qualification, etc Clause in Contracts

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Pulse Network, Inc.), Note Purchase Agreement (KL Energy Corp), Note and Warrant Purchase Agreement (KL Energy Corp)

AutoNDA by SimpleDocs

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted and as currently proposed to be conducted; and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed would have a material adverse effect on the Company’s business.

Appears in 2 contracts

Samples: Credit Facility Agreement (MultiVir Inc.), Credit Facility Agreement (MultiVir Inc.)

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its the state of its incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted; and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to have a material adverse effect on the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (SQL Technologies Corp.), Note Purchase Agreement

Due Incorporation, Qualification, etc. The Company (i) is a corporation company duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporationorganization; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted and proposed to be conducted; and (iii) is duly qualified and licensed to do business and in good standing in each jurisdiction in which the failure to be so qualified or licensed would have a material adverse effect.

Appears in 2 contracts

Samples: Share Subscription Agreement (Wins Finance Holdings Inc.), Share Subscription Agreement (Wins Finance Holdings Inc.)

Due Incorporation, Qualification, etc. The Company Company: (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted; and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to materially and adversely affect the Company.

Appears in 1 contract

Samples: Note Purchase Agreement (Innovega Inc.)

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted; and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Acubid Com Inc)

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted; and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to have a Material Adverse Effect. The Company has no subsidiaries.

Appears in 1 contract

Samples: Note Purchase Agreement (Senorx Inc)

AutoNDA by SimpleDocs

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporation; and (ii) has is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the power failure to be so qualified or licensed could reasonably be expected to have a material adverse effect on the Company and authority to own, lease and operate its properties and carry on its business subsidiaries taken as now conducteda whole.

Appears in 1 contract

Samples: Note Purchase Agreement (Vialink Co)

Due Incorporation, Qualification, etc. The Company (i) is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation; and Washington, (ii) has the power and authority to own, lease lease, and operate its properties and carry on its business as now conducted, and (iii) is duly qualified, licensed to do business and in good standing as a foreign corporation in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to have a material adverse effect on the Company's business.

Appears in 1 contract

Samples: 10% Unsecured Note (Vector Ventures Corp.)

Due Incorporation, Qualification, etc. The Company (i) is a corporation company duly organized, validly existing and in good standing under the laws of its state jurisdiction of incorporationorganization; and (ii) has the power and authority to own, lease and operate its properties and carry on its business as now conducted and proposed to be conducted; and (iii) is duly qualified, licensed to do business and in good standing in each jurisdiction where the failure to be so qualified or licensed could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase Agreement (China Cablecom Holdings, Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!