Existence and Good Standing; Authority. The Company is a corporation validly existing and in good standing under the laws of the State of Minnesota and has all requisite corporate power and authority to carry on its business as presently conducted.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Famous Daves of America Inc), Standby Purchase Agreement (Famous Daves of America Inc), Form of Standby Purchase Agreement (Famous Daves of America Inc)
Existence and Good Standing; Authority. The Company is a corporation validly existing and in good standing under the laws of the State of Minnesota Utah and has all requisite corporate power and authority to carry on its business as presently now conducted.
Appears in 1 contract
Samples: Rights Offering Backstop Agreement (ARC Group Worldwide, Inc.)