Common use of Existence and Good Standing Clause in Contracts

Existence and Good Standing. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessary.

Appears in 9 contracts

Samples: Stock Purchase Agreement (Evcarco, Inc.), Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Old Goat Enterprises Inc)

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Existence and Good Standing. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State jurisdiction of Nevadaits incorporation. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessary.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Master Distribution Systems, Inc.), Stock Purchase Agreement (Master Distribution Systems, Inc.), Stock Purchase Agreement (Master Distribution Systems, Inc.)

Existence and Good Standing. As of the Closing, Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessary.

Appears in 4 contracts

Samples: Asset Purchase Agreement (White Smile Global, Inc.), Asset Purchase Agreement (Minerco Resources, Inc.), Asset Purchase Agreement (Minerco Resources, Inc.)

Existence and Good Standing. Buyer is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Nevada. Buyer is duly licensed ; it has the requisite corporate power and authority to own or qualified lease its property and to do conduct its business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessarycontemplated herein.

Appears in 3 contracts

Samples: Acquisition Agreement (Miracom Corp), Acquisition Agreement (Miracom Corp), Acquisition Agreement (Miracom Corp)

Existence and Good Standing. Buyer is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification qualifications necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Worldwide Promotional Products Corp)

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Existence and Good Standing. Buyer is a corporation company duly incorporated, validly existing and in good standing under the laws of the State of NevadaBritish Virgin Islands. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Viastar Holdings Inc)

Existence and Good Standing. Buyer is a corporation duly ------------------------------ incorporated, validly existing and in good standing under the laws of the State of Nevada. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Crawford Lake Mining Inc.)

Existence and Good Standing. Buyer is a corporation limited liability company duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Nevada. Buyer is duly licensed , with full power and authority to own or qualified lease and use its properties and assets and to do carry on its business as a foreign corporation and such business is in good standing under the laws of all other jurisdictions in which the character of the properties owned or leased by it therein or in which the transaction of its business makes such qualification necessarynow conducted.

Appears in 1 contract

Samples: Purchase Agreement (Investview, Inc.)

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