Common use of Incorporation, Good Standing, and Due Qualification Clause in Contracts

Incorporation, Good Standing, and Due Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now or proposes to be engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 4 contracts

Samples: Consulting Agreement (Amazing Technologies Corp.), Consulting Agreement (Amazing Technologies Corp.), Consulting Agreement (Amazing Technologies Corp.)

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Incorporation, Good Standing, and Due Qualification. The Company is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposes proposed to be engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southern States Cooperative Inc), Revolving Credit Agreement (Southern States Capital Trust I)

Incorporation, Good Standing, and Due Qualification. The Company is a corporation and each of its Subsidiaries are corporations duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its their respective incorporation; has have the corporate power and authority to own its their respective assets and to transact the business in which it is they are now or proposes to be engaged inengaged; and is are duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 1 contract

Samples: Note Agreement (Standard Management Corp)

Incorporation, Good Standing, and Due Qualification. The Company is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposes proposed to be engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 1 contract

Samples: Debenture Purchase Agreement (National Boston Medical Inc)

Incorporation, Good Standing, and Due Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation; has the corporate power and authority to own its assets and to transact the business in which it is now or engaged and proposes to be engaged in; and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 1 contract

Samples: Registration Rights Agreement (United States Antimony Corp)

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Incorporation, Good Standing, and Due Qualification. The Company is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation; incorporation and has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposes proposed to be engaged in; in and is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is required.

Appears in 1 contract

Samples: Debenture Purchase Agreement (E Financial Depot Com)

Incorporation, Good Standing, and Due Qualification. The Company It is a corporation duly incorporated, validly existing existing, and in good standing under the laws of the jurisdiction of its incorporation; it has the corporate power and authority to own its assets and to transact the business in which it is now engaged or proposes proposed to be engaged in; and it is duly qualified as a foreign corporation and in good standing under the laws of each other jurisdiction in which such qualification is requiredwhere the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Saucony Inc)

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