Common use of Existence and Good Standing of the Company Clause in Contracts

Existence and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation and has requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Option Agreement (American Craft Brewing International LTD), Option Agreement (American Craft Brewing International LTD)

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Existence and Good Standing of the Company. (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction State of its incorporation and California. The Company has all requisite corporate power and authority to own, lease lease, operate and use the assets and properties currently owned, leased, operated and used by it and to own and operate its properties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Infocrossing Inc)

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Existence and Good Standing of the Company. (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction State of its incorporation and has Delaware with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Industrial Holdings Inc)

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