Common use of Maintenance of Corporate Status Clause in Contracts

Maintenance of Corporate Status. The Company and Buyer shall maintain its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Blue Star Coffee Inc), Common Stock Purchase Agreement (Blue Star Coffee Inc), Common Stock Purchase Agreement (Blue Star Coffee Inc)

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Maintenance of Corporate Status. The Company and Buyer shall maintain its ------------------------------- corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Americas Power Partners Inc)

Maintenance of Corporate Status. The Company and Buyer shall maintain Maintain its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Ansys Diagnostics Inc)

Maintenance of Corporate Status. The Company and Buyer shall maintain its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Americas Power Partners Inc)

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Maintenance of Corporate Status. The Company Seller and Buyer shall maintain its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Bluestar Leasing Inc)

Maintenance of Corporate Status. The Each of the Company and Buyer Investor ------------------------------- shall maintain its corporate or partnership existence in good standing or effective under the laws of its jurisdiction of organization and any other states or jurisdictions in which its failure to qualify as a foreign corporation or entity would have a material adverse effect on its operations or financial condition.

Appears in 1 contract

Samples: Subscription Agreement (Colorado Greenhouse Holdings Inc)

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