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

Incorporation, Good Standing, and Due Qualification. The Company is 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 engaged or 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)

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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 engaged or 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 duly incorporated, validly existing, and in good standing under the laws of the jurisdiction of its incorporation; a has the corporate power and authority to own its assets and to transact the business in which it is now engaged or 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 requiredengaged.

Appears in 1 contract

Samples: Consulting Agreement (Monster Offers)

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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 proposed 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: Warrant Agreement (United States Antimony Corp)

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