Existence and Good Standing; Authority. Such Investor is validly existing and in good standing under the laws of the state of its formation and has all requisite power and authority to carry on its business as now conducted.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Coliseum Capital Management, LLC), Securities Purchase Agreement (BioScrip, Inc.), Stock Purchase Agreement (BioScrip, Inc.)
Existence and Good Standing; Authority. Such The Investor is validly existing and in good standing under the laws of the state of its formation and has all requisite power and authority to carry on its business as now conducted.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Coliseum Capital Management, LLC), Securities Purchase Agreement (Universal Technical Institute Inc)
Existence and Good Standing; Authority. Such Investor is either a natural person or a duly formed and validly existing and in good standing under the laws of the state of its formation living trust or corporation and has all requisite power and authority to carry on its business as now conducted.
Appears in 1 contract
Samples: Commitment Letter (Biolase, Inc)
Existence and Good Standing; Authority. Such Investor is either a duly formed and validly existing and in good standing under the laws of the state of its formation exempt company or limited partnership and has all requisite power and authority to carry on its business as now conducted.
Appears in 1 contract
Samples: Commitment Letter (Biolase, Inc)
