Common use of FORM OF OPINION Clause in Contracts

FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Merchandise Creations, Inc.), Note and Warrant Purchase Agreement (Eden Energy Corp), Common Stock Purchase Agreement (Practicexpert Inc)

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FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Exchange Agreement (Jpak Group, Inc.)

FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction state in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Escrow Agreement (Bond Laboratories, Inc.)

FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the all requisite corporate power and authority to own, operate and lease and operate its properties and assets, and to carry on its business as presently it is now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Advanced Optics Electronics Inc)

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FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the all requisite corporate power and authority to own, operate and lease and operate its properties and assets, and to carry on its business as presently it is now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (It&e International Group)

FORM OF OPINION. 1. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite Nevada, with corporate power and authority to own, lease and operate its properties and assets, and to carry on conduct its business as presently conducted. The described in the Company’s latest Form 10-K or 10-Q filed by the Company is duly qualified under the Securities Exchange Act of 1934, as a foreign corporation amended, (the “Exchange Act”) and the rules and regulations of the Commission thereunder (the “Public Filings”) and to do business enter into and is in good standing in every jurisdiction in which perform its obligations under the failure to so qualify would have a Material Adverse EffectReserve Equity Financing.

Appears in 1 contract

Samples: Reserve Equity Financing Agreement (China Wi-Max Communications, Inc.)

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