Common use of Organization and Good Standing of the Company Clause in Contracts

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 5 contracts

Samples: Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (Titan Global Holdings, Inc.), Stock Purchase Agreement (National Investment Managers Inc.)

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Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 4 contracts

Samples: Share Purchase Agreement (Single Touch Systems Inc), Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (CTT International Distributors Inc.)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an a material adverse effect on the business or operations of the CompanyCompany (“Material Adverse Affect”).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Omnireliant Holdings, Inc.), Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (Abazias Inc)

Organization and Good Standing of the Company. The Company is a --------------------------------------------- corporation duly organized, validly existing existing, and in good standing under the laws of the its jurisdiction of incorporation, with corporate power and corporate authority to conduct its incorporation business as set forth aboveit is now being conducted and to own or use the properties and assets that it owns or uses. The Company is not required to be duly qualified to transact do business as a foreign corporation and is in any good standing under the laws of each state or other jurisdiction where in which either the failure to so qualify would have an adverse effect on the business ownership or use of the Companyproperties owned or used by it, or the nature of the activities conducted by it, requires such qualification.

Appears in 2 contracts

Samples: Merger Agreement (One Voice Technologies Inc), Merger Agreement (Weber Dean)

Organization and Good Standing of the Company. The Company is a corporation company duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Mesa Energy Holdings, Inc.), Membership Interest Purchase Agreement (WPCS International Inc)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Company England and Wales, and is not required to be legally qualified to transact business in any other each jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Utek Corp), Stock Purchase Agreement (Utek Corp)

Organization and Good Standing of the Company. (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of England and has full corporate authority to conduct its incorporation business as set forth aboveit is now being conducted. The Company is not required to be duly qualified to transact do business in, and is in any good standing under the laws of, each state or other jurisdiction where with respect to which the failure to so qualify would have an adverse effect on the business nature of the Company's assets and business requires it to be so qualified.

Appears in 1 contract

Samples: Stock Purchase Agreement (Official Information Co)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth abovein Schedule 4.6. The Company is not presently required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Titan Global Holdings, Inc.)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction Peoples Republic of its incorporation as set forth aboveChina. The Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Avalon Globocare Corp.)

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Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 1 contract

Samples: Share Exchange Agreement (Ecoark Holdings, Inc.)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an a material adverse effect on the business of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (National Investment Managers Inc.)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction United Kingdom, and is legally qualified in the United Kingdom, to the best of its incorporation as set forth above. The Company is not required to be qualified Sellers' knowledge and belief, to transact business in any other each jurisdiction where the failure to so qualify would have an adverse effect on the business of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Utek Corp)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an adverse effect on the business of the Companya Material Adverse Effect.

Appears in 1 contract

Samples: Option Agreement (Amarantus Bioscience Holdings, Inc.)

Organization and Good Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation as set forth above. The Except as otherwise provided herein, the Company is not required to be qualified to transact business in any other jurisdiction where the failure to so qualify would have an a material adverse effect on the business or operations of the CompanyCompany (“Material Adverse Effect”).

Appears in 1 contract

Samples: Stock Purchase Agreement (WPCS International Inc)

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