Common use of Grantor Organization and Name Clause in Contracts

Grantor Organization and Name. Grantor is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, with full and adequate power to carry on and conduct its business as presently conducted. Grantor is duly licensed or qualified in all foreign jurisdictions wherein the nature of its activities requires such qualification or licensing except where the failure to be so licensed or qualified would not cause a Material Adverse Effect. The exact legal name of Grantor is as set forth in the first paragraph of this Security Agreement and Grantor currently does not conduct, nor has it during the last five (5) years conducted, business under any other name or trade name.

Appears in 2 contracts

Samples: Security Agreement (Sunpeaks Ventures, Inc.), Security Agreement (Sunpeaks Ventures, Inc.)

AutoNDA by SimpleDocs

Grantor Organization and Name. Grantor is a limited liability company duly organized, validly existing and in good standing under the laws of the State of DelawareNew Jersey, with full and adequate power to carry on and conduct its business as presently conducted. Grantor is duly licensed or qualified in all foreign jurisdictions wherein the nature of its activities requires such qualification or licensing except where the failure to be so licensed or qualified would not cause a Material Adverse Effect. The exact legal name of Grantor is as set forth in the first paragraph of this Security Agreement and Grantor currently does not conduct, nor has it during the last five (5) years conducted, business under any other name or trade name.

Appears in 1 contract

Samples: Security Agreement (Medytox Solutions, Inc.)

Grantor Organization and Name. Grantor is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, with full and adequate power to carry on and conduct its business as presently conducted. Grantor is duly licensed or qualified in all foreign jurisdictions wherein the nature of its activities requires such qualification or licensing except where the failure to be so licensed or qualified would not cause a Material Adverse Effect. The exact legal name of Grantor is as set forth in the first paragraph of this Security Agreement and Grantor currently does not conduct, nor has it during the last five (5) years conductedyears, conducted business under any other name or trade name, except Healthcare Distribution Specialists, LLC.

Appears in 1 contract

Samples: Security Agreement (Pharmagen, Inc.)

AutoNDA by SimpleDocs

Grantor Organization and Name. Grantor is a limited liability company corporation, duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware, with full and adequate power to carry on and conduct its business as presently conducted. Grantor is duly licensed or qualified in all foreign jurisdictions wherein the nature of its activities requires such qualification or licensing except where the failure to be so licensed or qualified would not cause a Material Adverse Effect. The exact legal name of Grantor is as set forth in the first paragraph of this Security Agreement and Grantor currently does not conduct, nor has it during the last five (5) years conducted, business under any other name or trade name.

Appears in 1 contract

Samples: Security Agreement (Pharmagen, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.