Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) Navidec is a corporation duly organized, validly existing, and in good standing under the laws of the state of its incorporation and has the corporate power to own its property and to carry on its business as now conducted. Navidec is not qualified to do business as a foreign corporation in any jurisdiction.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) BPZ is a corporation duly organized, validly existing, and in good standing under the laws of the state of Texas and has the corporate power to own its property and to carry on its business as now conducted.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (a) CASINO is a corporation duly organized, validly existing, in good standing under the laws of the State of Nevada and is authorized to do business in the State of Florida and has the corporate power to own its property and to carry on its business as now conducted. The nature of the business now conducted by CASINO, the character of the property owned by it, or any other state of facts does not require CASINO to be qualified to do business as a foreign corporation in any jurisdiction.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) Highway One is a corporation duly organized, validly existing, and in good standing under the laws of the State of Utah and has the corporate power to own its property and to carry on its business as now conducted. The nature of the business now conducted by Highway One, the character of the property owned by it, or any other state of facts does not require Highway One to be qualified to do business as a foreign corporation in any jurisdiction.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) Xxxxxxx Audio is a corporation duly organized, validly existing, and in good standing under the laws of the State of New Jersey and has the corporate power to own its property and to carry on its business as now conducted. Xxxxxxx Audio is qualified to do business as a foreign corporation in each jurisdiction where the failure to qualify would have a material adverse effect on Xxxxxxx Audio.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (a) AmeriResources is a corporation duly organized, validly existing, in good standing under the laws of the State of Delaware and is authorized to do business in the states where it is presently conducting operations and has the corporate power to own its property and to carry on its business as now conducted. The nature of the business now conducted by AmeriResources, the character of the property owned by it, or any other state of facts does not require AmeriResources to be qualified to do business as a foreign corporation in any jurisdiction.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (a) CHALON is a corporation duly organized, validly existing, in good standing under the laws of the State of Hawaii and has the corporate power to own its property and to carry on its business as now conducted. The nature of the business now conducted by CHALON, the character of the property owned by it, or any other state of facts does not require CHALON to be qualified to do business as a foreign corporation in any jurisdiction.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) Each of Unistone and Jenson Xxxxxxes is a corporation duly organized, validly existing, and in good standing under the laws of the state of their respective states of incorporation and has the corporate power to own its property and to carry on its business as now conducted. The nature of the business now conducted by Unistone, the character of the property owned by it, or any other state of facts does not require Unistone to be qualified to do business as a foreign corporation in any jurisdiction. Unistone does not conduct and never has conducted, any active trade or business.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (i) Cash Systems is a corporation duly organized, validly existing, and in good standing under the laws of the State of Minnesota and has the corporate power to own its property and to carry on its business as now conducted. Cash Systems is qualified to do business as a foreign corporation in each jurisdiction where the failure to qualify would have a material adverse effect on Cash Systems.
Due Organization; Power; Qualification; Subsidiaries and Affiliates, Etc. (a) Sporting Magic is a corporation duly organized, validly existing, and in good standing under the laws of the state of Delaware and has the corporate power to own its property and to carry on its business as now conducted. Sporting Magic is qualified to do business as a foreign corporation in each jurisdiction where the failure to qualify would have a material adverse effect on Sporting Magic. Schedule 2.4(a) sets forth the jurisdictions in which Sporting Magic is qualified.
