Common use of Organization and Good Standing and Qualification Clause in Contracts

Organization and Good Standing and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California and has all requisite corporate power and authority to carry on its business as now conducted.

Appears in 4 contracts

Samples: Series a Preferred Stock Purchase Agreement (Aerocentury Corp), Series B Preferred Stock Purchase Agreement (Aerocentury Corp), Preferred Stock Purchase Agreement (Aerocentury Corp)

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Organization and Good Standing and Qualification. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of the State of California Nevada and has all requisite corporate power and authority to carry on its business as now conducted.

Appears in 3 contracts

Samples: Note Purchase Agreement (Odyssey Marine Exploration Inc), Note Purchase Agreement (Odyssey Marine Exploration Inc), Note and Warrant Purchase Agreement (Odyssey Marine Exploration Inc)

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