Common use of Existence and Good Standing; Authority Clause in Contracts

Existence and Good Standing; Authority. The Company is a corporation validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as now conducted.

Appears in 11 contracts

Samples: Backstop Agreement (Williams Industrial Services Group Inc.), Backstop Agreement (Williams Industrial Services Group Inc.), Rights Offering Backstop Agreement (Acorn Energy, Inc.)

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Existence and Good Standing; Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate Delaware, with full power and authority to carry on perform its business as now conductedobligations under this Agreement.

Appears in 2 contracts

Samples: Standby Purchase Agreement (Full House Resorts Inc), Standby Purchase Agreement (Full House Resorts Inc)

Existence and Good Standing; Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Colorado and has all requisite corporate power and authority to carry on its business as now conducted.

Appears in 2 contracts

Samples: Standby Purchase Agreement (Swenson Nicholas John), Standby Purchase Agreement (Pro Dex Inc)

Existence and Good Standing; Authority. The Company is a corporation validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as now presently conducted.

Appears in 2 contracts

Samples: Standby Purchase Agreement (AmBase Corp), Standby Purchase Agreement (Barc Investments LLC)

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Existence and Good Standing; Authority. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate Delaware, with full power and authority to carry on conduct its business as now conductedcurrently conducted and proposed to be conducted and to perform its obligations under this Agreement.

Appears in 1 contract

Samples: Standby Purchase Agreement (RMG Networks Holding Corp)

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