Organization and Business. The Company is (a) a duly organized and validly existing corporation or limited liability company, (b) in good standing under the laws of the jurisdiction of its incorporation or organization, and (c) has the power and authority, corporate or otherwise, necessary (i) to enter into and perform this Agreement and the Documents to which it is a party, and (ii) to carry on the business now conducted or proposed to be conducted by it.
Appears in 4 contracts
Samples: Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp), Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp), Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp)
Organization and Business. The Company is (a) a duly organized and validly existing corporation or limited liability companycorporation, (b) in good standing under the laws of the jurisdiction of its incorporation or organizationincorporation, and (c) has the power and authority, corporate or otherwise, necessary (i) to enter into and perform this Agreement Amendment and the Documents to which it is a party, and (ii) to carry on the business now conducted or proposed to be conducted by it.
Appears in 2 contracts
Samples: Revenue Sharing and Securities Purchase Agreement and Restructuring Agreement (Marathon Patent Group, Inc.), Revenue Sharing and Securities Purchase Agreement and Restructuring Agreement (Marathon Patent Group, Inc.)
Organization and Business. The Company is (a) a duly organized and validly existing corporation or limited liability companycorporation, (b) in good standing under the laws of the jurisdiction of its incorporation or organizationincorporation, and (c) has the power and authority, corporate or otherwise, necessary (i) to enter into and perform this Agreement and the Documents to which it is a party, and (ii) to carry on the business now conducted or proposed to be conducted by it.
Appears in 1 contract
Organization and Business. The Company is (a) a duly organized and validly existing corporation or limited liability company, (b) in good standing under the laws of the jurisdiction of its incorporation or organization, organization and (c) has the power and authority, corporate or otherwise, necessary (i) to enter into and perform this Agreement and the Documents to which it is a party, party and (ii) to carry on the business now conducted or proposed to be conducted by it.
Appears in 1 contract
Samples: Investment Agreement (Document Security Systems Inc)
