Common use of Organization and Qualification Clause in Contracts

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 401 contracts

Samples: Private Placement Units Purchase Agreement (Clean Earth Acquisitions Sponsor LLC), Placement Unit Purchase Agreement (Newsight Imaging Ltd.), Private Placement Unit Subscription Agreement (Zi Toprun Acquisition Corp.)

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Organization and Qualification. The Company is a corporation duly incorporated, validly incorporated and existing and in good standing under the laws of the State state of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 48 contracts

Samples: Subscription Agreement, Amended and Restated Unit Subscription Agreement (Empeiria Acquisition Corp), Second Amended and Restated Unit Subscription Agreement (Empeiria Acquisition Corp)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has the requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on conduct its business as now being conductedpresently conducted and to enter into, deliver and perform its obligations under this Subscription Agreement.

Appears in 15 contracts

Samples: Subscription Agreement (MedTech Acquisition Corp), Subscription Agreement (MedTech Acquisition Corp), Operating Agreement (EG Acquisition Corp.)

Organization and Qualification. The Company has been duly incorporated and is a corporation duly incorporated, validly existing and in good standing under the laws of the State of as a Delaware corporation and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 14 contracts

Samples: Private Placement Unit Subscription Agreement (Plutonian Acquisition Corp.), Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.), Private Placement Unit Subscription Agreement (Plutonian Acquisition Corp.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own its properties and assets and to carry on conduct its business as now it is currently being conducted.

Appears in 14 contracts

Samples: Common Stock and Warrant Purchase Agreement (Avigen Inc \De), Common Stock Purchase Agreement (Yes Entertainment Corp), Common Stock and Warrant Purchase Agreement (Avigen Inc \De)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws Laws of the State of Delaware Delaware. The Company has all licenses, Permits and has the requisite corporate power authorizations necessary to own its properties properties, rights and assets and to carry on its business as now being conductedpresently conducted and is duly qualified to do business as a foreign entity and in good standing in each state or country, if any, in which failure to be so qualified would, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect. The Company is not in violation of its Certificate of Incorporation or Bylaws.

Appears in 12 contracts

Samples: Series J Subscription Agreement, Series J Subscription Agreement, Preferred Stock Subscription Agreement

Organization and Qualification. The Company is a corporation duly incorporated, validly incorporated and existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 10 contracts

Samples: Subscription Agreement, Subscription Agreement (Sports Properties Acquisition Corp.), Subscription Agreement (Medallion Financial Corp)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own its properties and assets and to carry on conduct its business as now being currently conducted.

Appears in 10 contracts

Samples: Stock Purchase Agreement (Cypress Bioscience Inc), Units Purchase Agreement (Cypress Bioscience Inc), Stock and Warrant Purchase Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conductedDelaware.

Appears in 7 contracts

Samples: Warrant Amendment and Exchange Agreement (Computer Software Innovations Inc), Stock Purchase Agreement (Carriage Services Inc), Common Stock Purchase Agreement (Natural Nutrition Group Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly organized and existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where the failure so to qualify would have a material adverse effect on the operations, properties or financial condition of the Company taken as a whole (a "Material Adverse Effect").

Appears in 7 contracts

Samples: Securities Purchase Agreement (Galaxy Nutritional Foods Co), Securities Purchase Agreement (Galaxy Nutritional Foods Co), Securities Purchase Agreement (Galaxy Nutritional Foods Co)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing organized and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own its properties and assets and to carry on conduct its business as now being currently conducted. The Company is qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the Company conducts business, except where the failure to do so would not have a material adverse effect on the business, condition (financial or otherwise) or results of operations of the Company.

Appears in 7 contracts

Samples: Purchase Agreement (Neose Technologies Inc), Purchase Agreement (Cell Pathways Holdings Inc), Purchase Agreement (Neose Technologies Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Hienergy Technologies Inc), Stock Purchase Agreement (Hienergy Technologies Inc), Stock Purchase Agreement (Arotech Corp)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and as a Delaware corporation in good standing under the laws of the State of Delaware and has the requisite corporate power is authorized to own its properties and assets and to carry on its transact business as now being conducteda foreign corporation in good standing in those jurisdictions in which the nature of its activities or the property owned by it make such qualification necessary.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Regent Communications Inc), Stock Purchase Agreement (Regent Communications Inc), Stock Purchase Agreement (Regent Communications Inc)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws of the State of Delaware Delaware. The Company has all requisite power and has the requisite corporate power to own its properties and assets and authority to carry on its business as now being currently conducted, other than such failures that would not reasonably be expected to have a material adverse effect on the Company’s business, properties or financial condition (a “Material Adverse Effect”). The Company is duly qualified to transact business in each jurisdiction in which the failure to be so qualified would reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Subscription Agreement (Eastern Resources, Inc.), Subscription Agreement (Eastern Resources, Inc.), Subscription Agreement (Max Cash Media Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing organized and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own its properties and assets and to carry on conduct its business as now being currently conducted. The Company is qualified to do business as a foreign corporation and is in good standing in each jurisdiction in which the Company conducts business, except where the failure to be so organized or in good standing would not be reasonably likely to have a material adverse effect on the business, condition (financial or otherwise) or results of operations of the Company.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Cell Pathways Holdings Inc), Stock Purchase Agreement (Cell Pathways Holdings Inc), Stock Purchase Agreement (Cell Pathways Holdings Inc)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws Laws of the State of Delaware and has the requisite corporate power and authority to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified to do business and is in good standing in every jurisdiction in which the ownership of its property or the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect.

Appears in 6 contracts

Samples: Securities Purchase Agreement (BitNile Holdings, Inc.), Securities Purchase Agreement (BitNile Holdings, Inc.), Securities Purchase Agreement (Bio Key International Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing as a corporation under the laws of the State of Delaware Delaware, has full and has the requisite adequate corporate power to own its properties Property and assets and to carry on conduct its business as now being conducted, and is duly licensed or qualified and in good standing in each jurisdiction in which the nature of the business conducted by it or the nature of the Property owned or leased by it requires such licensing or qualifying.

Appears in 6 contracts

Samples: Multicurrency Credit Agreement (Anicom Inc), Short Term Credit Agreement (Anicom Inc), Credit Agreement (Everest One Ipa Inc)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws Laws of the State of Delaware and has the requisite corporate power and authority to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified to do business and is in good standing (if a good standing concept exists in such jurisdiction) in every jurisdiction in which the ownership of its property or the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect.

Appears in 6 contracts

Samples: Securities Purchase Agreement (PARTS iD, Inc.), Securities Purchase Agreement (Gse Systems Inc), Securities Purchase Agreement (Blue Star Foods Corp.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own or lease and operate its properties and assets and to carry on its business as it is now being conducted.

Appears in 5 contracts

Samples: Exchange and Recapitalization Agreement, Recapitalization Agreement (Moneygram International Inc), Exchange and Recapitalization Agreement (Simon Worldwide Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business as it is now being conductedconducted and is duly qualified to do business in any other jurisdiction by virtue of the nature of the businesses conducted by it or the ownership or leasing of its properties, except where the failure to be so qualified will not, when taken together with all other such failures, have a Material Adverse Effect on the Company.

Appears in 5 contracts

Samples: Securities Purchase Agreement (SafeStitch Medical, Inc.), Securities Purchase Agreement (Opko Health, Inc.), Securities Purchase Agreement (SafeStitch Medical, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware; and has the requisite corporate power Company is in good standing in each other jurisdiction in which qualification is required, except where the failure to own its properties and assets and to carry on its business be so qualified will not have a Material Adverse Effect, as now being conducteddefined in Section 4.4.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Inverness Medical Innovations Inc), Subordinated Note and Warrant Purchase Agreement (Inverness Medical Innovations Inc), Note and Warrant Purchase Agreement (Inverness Medical Innovations Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Kidron Nadav), Securities Purchase Agreement (EZTD Inc), Securities Purchase Agreement (Oramed Pharmaceuticals Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized and existing under, validly existing and in good standing under by virtue of, the laws of the State of Delaware and is in good standing under such laws. The Company has the requisite corporate power and authority to own and operate its properties and assets assets, and to carry on its business as now being presently conducted. The Company is authorized to transact business as a foreign corporation in good standing in those jurisdictions in which the nature of its activities or the property owned by it make such qualification necessary.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Regent Communications Inc), Stock Purchase Agreement (Regent Communications Inc), Stock Purchase Agreement (Regent Communications Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly organized and existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where the failure so to qualify would have a material adverse effect on the operations, properties or financial condition of the Company taken as a whole (a "Material Adverse Effect").

Appears in 4 contracts

Samples: Securities Purchase Agreement (Delia S Corp), Securities Purchase Agreement (Delia S Corp), Securities Purchase Agreement (Delia S Corp)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted.

Appears in 4 contracts

Samples: Subscription Agreement (Seedo Corp.), Convertible Loan Agreement (Neonode, Inc), Convertible Loan Agreement (Neonode, Inc)

Organization and Qualification. The Company is a corporation duly incorporatedamalgamated, validly existing and in good standing under the laws of the State state of Delaware and has the requisite corporate power to own its properties and assets and authority to carry on its business as it is now being conducted.

Appears in 4 contracts

Samples: Common Share Subscription Agreement (Prides Capital Partners, LLC), Common Share Subscription Agreement (Ameritrans Capital Corp), Common Share Subscription Agreement (Prides Capital Partners, LLC)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State state of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 4 contracts

Samples: Subscription Agreement (Alpha Security Group CORP), Subscription Agreement (Alpha Security Group CORP), Subscription Agreement (Alpha Security Group CORP)

Organization and Qualification. The Company is a corporation duly incorporated, validly organized and existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its their properties and assets and to carry on its their business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where the failure so to qualify would have a material adverse effect on the operations, properties or financial condition of the Company taken as a whole (a "MATERIAL ADVERSE EFFECT").

Appears in 4 contracts

Samples: Securities Purchase Agreement (Galaxy Nutritional Foods Co), Securities Purchase Agreement (Galaxy Nutritional Foods Co), Securities Purchase Agreement (Galaxy Nutritional Foods Co)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and authority to carry on its business as it is now being conducted.

Appears in 4 contracts

Samples: Subscription Agreement (Prides Capital Partners, LLC), Standby Purchase Agreement (Waste Services, Inc.), Subscription Agreement (Waste Services, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is not in violation of any of the provisions of its governing documents.

Appears in 4 contracts

Samples: Bone Biologics Corp, Bone Biologics Corp, Bone Biologics Corp

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own its properties and assets and to carry on operate its business as now being presently conducted. The Company is duly qualified as a foreign corporation or other entity to do business and is in good standing in each jurisdiction where the character of its properties owned or held under lease or the nature of their activities makes such qualification necessary.

Appears in 4 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and authority to carry on its business as it is now being conducted. There is no pending or threatened proceeding for the dissolution or liquidation of the Company.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Marketshare Recovery Inc), Agreement and Plan of Merger (Aerobic Creations, Inc.), Agreement and Plan of Merger (Intrac Inc)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws of the State of Delaware Delaware. The Company has all requisite power and has the requisite corporate power to own its properties and assets and authority to carry on its business as now being currently conducted. The Company is duly qualified to transact business in each jurisdiction in which the failure to be so qualified would reasonably be expected to have a material adverse effect.

Appears in 3 contracts

Samples: Subscription Agreement (Separation Degrees - One, Inc.), Subscription Agreement (Separation Degrees - One, Inc.), Subscription Agreement (Eastern Resources, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware. The Company has all requisite power and has the requisite corporate power authority to conduct its business and own its properties and assets and to carry on its business as now being conductedproperty.

Appears in 3 contracts

Samples: Security Agreement (MoSys, Inc.), Amended and Restated Security Agreement (Focus Enhancements Inc), Security Agreement (Focus Enhancements Inc)

Organization and Qualification. The Company is a corporation an entity duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and occupy its properties and assets and to carry on its business as now being conducted.currently

Appears in 3 contracts

Samples: Securities Purchase Agreement (Alseres Pharmaceuticals Inc /De), Securities Purchase Agreement (Alseres Pharmaceuticals Inc /De), Securities Purchase Agreement (Alseres Pharmaceuticals Inc /De)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws Laws of the State of Delaware Delaware, and has the requisite all corporate power and authority to own own, lease and operate its properties and assets and to carry on its business as now currently being conducted and as proposed to be conducted.

Appears in 3 contracts

Samples: Management Services Agreement, Management Services Agreement (Oncure Holdings Inc), Management Services Agreement (Interhealth Facility Transport, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own perform its properties and assets obligations hereunder and to carry on its business as now being conductedconsummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: License Agreement (Cell Genesys Inc), License Agreement (Transkaryotic Therapies Inc), License Agreement (Transkaryotic Therapies Inc)

Organization and Qualification. The Company is a corporation an entity duly incorporatedincorporated or otherwise organized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is not in violation of any of the provisions of its Certificate of Incorporation or By-Laws.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Osteologix, Inc.), Securities Purchase Agreement (Osteologix, Inc.), Securities Purchase Agreement (Osteologix, Inc.)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power to own its properties and assets and authority to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing as a foreign corporation, in each jurisdiction where the location or nature of its properties or of its business makes such qualification necessary, except where the failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect (as defined in Section 7.11).

Appears in 3 contracts

Samples: Securities Purchase Agreement (SCC Investment I Lp), Securities Purchase Agreement (Mansfield Teddy L), Securities Purchase Agreement (Canisco Resources Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or leased or the nature of its activities makes such qualification necessary, except where the failure to be so qualified reasonably could not be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Fs Private Investments LLC), Series C Preferred Stock and Common Stock Warrant Purchase Agreement (Abc Naco Inc), Series C Preferred Stock and Common Stock Warrant Purchase Agreement (Fs Private Investments LLC)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being presently conducted.

Appears in 3 contracts

Samples: Stock Purchase, Exchange and Recapitalization Agreement, Preferred Stock Exchange Agreement (Viewcast Com Inc), Stock Purchase, Exchange and Recapitalization Agreement (Lighting Science Group Corp)

Organization and Qualification. The Company is a corporation an entity duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, USA, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Helios & Matheson North America Inc.), Securities Purchase Agreement (Helios & Matheson North America Inc.), Securities Purchase Agreement (Helios & Matheson North America Inc.)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing organized under the laws of the State of Delaware Delaware, has power and has the requisite corporate power authority to own its properties and assets and to carry on its business as it is now being conducted, and is duly qualified to do business and is in good standing in each jurisdiction in which its ownership of property or the conduct of its business requires such qualification, except for jurisdictions in which such failure to be so qualified or to be in good standing would not have a material adverse effect.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Teraforce Technology Corp), Securities Purchase Agreement (Fayez Sarofim & Co), Securities Purchase Agreement (Teraforce Technology Corp)

Organization and Qualification. The Company Corporation is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted.

Appears in 3 contracts

Samples: Series a Preferred Stock Subscription Agreement (Neonode, Inc), Note Conversion Agreement (Neonode, Inc), Warrant Conversion Agreement (Neonode, Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own own, lease and operate its respective properties and assets and to carry on its business as now being conducted.

Appears in 3 contracts

Samples: Agreement and Plan (Diamond Multimedia Systems Inc), Agreement and Plan (S3 Inc), Agreement and Plan (Diamond Multimedia Systems Inc)

Organization and Qualification. The Company is a corporation an entity duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is not in violation or default of any of the provisions of its certificate of incorporation, bylaws or other organizational or charter documents.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Astea International Inc), Preferred Stock Purchase Agreement (Astea International Inc), Securities Purchase Agreement (Ziprealty Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporated, validly existing and in good standing under the laws Laws of the State of Delaware and Delaware. The Company has the requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business businesses as now being presently conducted, except where the failure to have such power or authority would not have a Company Material Adverse Effect.

Appears in 3 contracts

Samples: Registration Rights Agreement (Atlantic Coastal Acquisition Corp.), Business Combination Agreement (Atlas Crest Investment Corp.), Business Combination Agreement (Atlas Crest Investment Corp.)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or leased or the nature of its activities makes such qualification necessary, except where the failure to be so qualified would not result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Talley Manufacturing & Technology Inc), Agreement and Plan of Merger (Score Acquisition Corp), Agreement and Plan of Merger (Talley Industries Inc)

Organization and Qualification. (a) The Company is a ------------------------------ corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority and all necessary governmental approvals to own own, lease and operate its properties and assets and to carry on its business as now being conducted., except

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Pritzker Family Philanthropic Fund), Agreement and Plan of Merger (Marmon Holdings Inc), Agreement and Plan of Merger (Tie Acquisition Co)

Organization and Qualification. The Company It is a corporation duly incorporated, validly organized and existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 3 contracts

Samples: Trust Agreement (Airtouch Communications), Investment Agreement (Airtouch Communications), Agreement of Exchange (Airtouch Communications)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Biosource International Inc), Securities Purchase Agreement (Biosource International Inc), Securities Purchase Agreement (Biosource International Inc)

Organization and Qualification. The Company is a corporation corporation, duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business as it is now being conducted, and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary.

Appears in 3 contracts

Samples: Administration and Marketing Agreement (Win or Lose Acquisition Corp), Administration Agreement (Win or Lose Acquisition Corp), Project Management Agreement (Smart Games Interactive Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own and operate its properties and assets and to carry on its business as now being conductedpresently conducted and is qualified to do business and is in good standing in each jurisdiction where the ownership or operation of its assets or properties or conduct of its business requires such qualification.

Appears in 2 contracts

Samples: Note Contribution Agreement (Generation Hemp, Inc.), Securities Exchange Agreement (Generation Hemp, Inc.)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or leased or the nature of its activities makes such qualification necessary, except where the failure to be so qualified could not reasonably be expected to result in a Material Adverse Effect (as defined in Section 7.11).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Canisco Resources Inc), Securities Purchase Agreement (Morse Partners LTD)

Organization and Qualification. The Company is a corporation duly incorporated, and validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Biofield Corp \De\), Stock Purchase Agreement (Biofield Corp \De\)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws Laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conductedDelaware.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (WCI Communities, Inc.), Agreement and Plan of Merger (Lennar Corp /New/)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted or currently proposed to be conducted.. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or held under lease or the nature of its activities makes such qualification necessary, except where the failure to be so

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cri Esh Partners Lp), Agreement and Plan of Merger (Prime Hospitality Corp)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and Delaware, has the all requisite corporate or other power and authority to own own, lease and operate its properties and assets and to carry on its business as it is now being conducted, and is duly qualified and in good standing to do business in each jurisdiction in which the nature of the business conducted by it or the ownership or leasing of its properties makes such qualification necessary. The Company has no directly or indirectly owned subsidiaries.

Appears in 2 contracts

Samples: Reorganization Agreement (Enote Com Inc), Reorganization Agreement (Tamboril Cigar Co)

Organization and Qualification. (a) The Company is a corporation duly incorporated, validly existing and in good standing (or the equivalent thereof) under the laws Laws of the State of Delaware and Delaware. The Company has the requisite corporate power and authority to own own, lease and operate its assets and properties and assets and to carry on its business businesses as now being presently conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Better Choice Co Inc.), Stock Purchase Agreement (Better Choice Co Inc.)

Organization and Qualification. The Company is a corporation corporation, ------------------------------ duly incorporatedformed, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conductedDelaware.

Appears in 2 contracts

Samples: Restructuring Agreement (Teletouch Communications Inc), Restructuring Agreement (Teletouch Communications Inc)

Organization and Qualification. The Company is a corporation limited liability company duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware. The Company has all requisite power and has the requisite corporate power authority to conduct its business and own its properties and assets property and to carry on enter into and perform its business as now being conductedobligations under the Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (Summit Semiconductor Inc.), Security Agreement (Summit Semiconductor Inc.)

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Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has is in good standing with the requisite Secretary of State of Delaware, with all corporate power and authority necessary to own its properties and assets and to carry on conduct its business as now being currently conducted. The Company is duly qualified and in good standing as a foreign corporation or entity authorized to do business in each jurisdiction in which the character of the properties owned or held under lease by it or the nature of the business transacted by it makes such qualification necessary, except as would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Symmetry Surgical Inc.), Agreement and Plan of Merger (Symmetry Medical Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware, with full power and has the requisite authority (corporate power and other) to own own, lease, use and operate its properties and assets and to carry on its business as and where now being owned, leased, used, operated and conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Zoom Telephonics, Inc.), Stock Purchase Agreement (Zoom Telephonics, Inc.)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws of the State of Delaware Delaware. The Company has all requisite power and has the requisite corporate power to own its properties and assets and authority to carry on its business as now being currently conducted. The Company is duly qualified to transact business in each jurisdiction in which the failure to be so qualified would reasonably be expected to have a material adverse effect on the Company’s business, properties or financial condition (a “Material Adverse Effect”).

Appears in 2 contracts

Samples: Subscription Agreement (Nevada Gold Holdings, Inc.), Subscription Agreement (Nevada Gold Holdings, Inc.)

Organization and Qualification. The Company is a corporation an entity duly incorporatedincorporated or otherwise organized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is not in violation or default of any of the provisions of its certificate of incorporation, bylaws or other organizational or charter documents.

Appears in 2 contracts

Samples: Note Purchase Agreement (Amesite Operating Co), Note Purchase Agreement (Amesite Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority and all licenses, permits and authorizations to own its properties and assets and to carry on conduct its business as now it is currently being conducted and as it is presently proposed to be conducted. The Company is duly qualified and is authorized to transact business and is in good standing as a foreign corporation in each jurisdiction in which the failure so to qualify would have a material adverse effect on its business, assets, liabilities, operations, financial condition or prospects.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Onyx Pharmaceuticals Inc), Stock Transfer Agreement (Onyx Pharmaceuticals Inc)

Organization and Qualification. The Company is a corporation duly incorporated, organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and the Company has the requisite corporate power and authority to own its properties and assets and to carry on its business as now being conducted.. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each other jurisdiction where the character of its properties owned or held under lease or the nature of its activities makes

Appears in 2 contracts

Samples: Securities Purchase Agreement (Saratoga Beverage Group Inc), Securities Purchase Agreement (Saratoga Beverage Group Inc)

Organization and Qualification. (a) The Company is a corporation and is duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power and authority to own its properties and assets other assets, and to carry on its business as now being conducted. The Company is duly qualified to do business and is in good standing in every jurisdiction in which its ownership of property, or the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Larimar Therapeutics, Inc.), Securities Purchase Agreement (Larimar Therapeutics, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own all of its properties and assets and to carry on its business as it is now being conducted. Neither the nature of the business conducted by the Company nor the properties owned, leased or operated by it make qualification as a foreign corporation necessary in any other jurisdiction.

Appears in 2 contracts

Samples: Agreement and Plan of Exchange (Harbour Capital Corp), Agreement and Plan of Exchange (Harbour Capital Corp)

Organization and Qualification. The Company is a ------------------------------ corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Electric Fuel Corp), Stock Purchase Agreement (Electric Fuel Corp)

Organization and Qualification. The Company is a corporation company duly incorporated, incorporated and validly existing and in good standing under the laws Laws of the State of Delaware and has the requisite corporate power and authority to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified to do business and is in good standing in every jurisdiction in which the ownership of its property or the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (OneMedNet Corp), Securities Purchase Agreement (OneMedNet Corp)

Organization and Qualification. The Company is a corporation ------------------------------ duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted.

Appears in 2 contracts

Samples: Exchange Agreement (Fs Private Investments LLC), Exchange Agreement (Abc Naco Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing organized under the laws of the State state of Delaware Delaware, has power and has the requisite corporate power authority to own its properties and assets and to carry on its business as it is now being conducted, and is duly qualified to do business and is in good standing in each jurisdiction in which its ownership of property or the conduct of its business requires such qualification, except for jurisdictions in which such failure to be so qualified or to be in good standing would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Teraforce Technology Corp), Securities Purchase Agreement (Teraforce Technology Corp)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business as now being presently conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction in which qualification is required except where failure to be so qualified would not reasonably be expected to have a Material Adverse Effect on the Company.

Appears in 2 contracts

Samples: Stock Purchase and Master Transaction Agreement (Ipsen, S.A.), Stock Purchase and Master Transaction Agreement (Tercica Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the Laws of Delaware and has all the requisite corporate power and authority to carry on its business as now being conducted and to own, lease, use and operate the properties owned and used by it. Except as would not have a Material Adverse Effect, each Company Subsidiary is validly existing and in good standing under the laws of the State its jurisdiction of Delaware organization and has the requisite corporate power and authority to own own, lease and operate its assets and properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (MacAndrews & Forbes Holdings Inc.), Agreement and Plan of Merger (M & F Worldwide Corp)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has full power and authority to transact business as a foreign corporation in each jurisdiction in which the requisite corporate power failure to own its properties and assets and to carry so qualify would have a material adverse effect on its business as now being currently conducted.

Appears in 2 contracts

Samples: Exchange Agreement (Vantage mHealthcare, Inc.), Exchange Agreement (Homeland Security Capital CORP)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and Delaware, has the all requisite corporate power and authority to own conduct its properties business as currently conducted and assets and is duly qualified in each state of the United States in which the failure to carry be so qualified would have a material adverse effect on its business as now being conductedor properties.

Appears in 2 contracts

Samples: Registration Rights Agreement (Metricom Inc / De), Registration Rights Agreement (Allen Paul G)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing as a corporation under the laws of the State of Delaware Delaware, has full and has the requisite adequate corporate power to own its properties Property and assets and to carry on conduct its business as now being conducted, and is duly licensed or qualified and in good standing in each jurisdiction in which the nature of the business conducted by it or the nature of the Property owned or leased by it requires such licensing or qualifying. Section 6.2.

Appears in 2 contracts

Samples: Long Term Multicurrency Credit Agreement (Anicom Inc), Term Credit Agreement (Anicom Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws Laws of the State of Delaware and Delaware. The Company has the requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business the Business as now being presently conducted, except where the failure to have such power or authority would not, individually or in the aggregate, have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Business Combination Agreement (Alpha Healthcare Acquisition Corp Iii), Business Combination Agreement (Alpha Healthcare Acquisition Corp.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or leased or the nature of its activities makes such qualification necessary, except where the failure to be so qualified will not have a material adverse effect on the Company and its subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ast Research Inc /De/), Agreement and Plan of Merger (Samsung Electronics Co LTD /Fi)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware, and has the requisite all necessary corporate power to own its properties and assets and authority to carry on its business as it is now being conducted. Company is duly qualified as a foreign Company to do business, and is in good standing, in each jurisdiction where it is doing or will do business, or the character of its properties owned or held under lease or the nature of its activities makes such qualification necessary, except where the failure to be so qualified will not have a material adverse effect on Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Hythiam Inc), Stock Purchase Agreement (Xcorporeal, Inc.)

Organization and Qualification. The Company Corporation is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted.

Appears in 2 contracts

Samples: Subscription Agreement (Top Gear Inc), Subscription Agreement (Progaming Platforms Corp)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws Laws of the State of Delaware and has the requisite corporate power and authority to own own, operate and lease its properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (National Semiconductor Corp), Agreement and Plan of Merger (Texas Instruments Inc)

Organization and Qualification. The Company is a corporation corporation, duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Zane Acquisition Ii Inc), Common Stock Purchase Agreement (Zane Acquisition I Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own its properties and assets and to carry on conduct its business as now being conductedcurrently conducted and is duly qualified as a foreign corporation and in good standing in all jurisdictions in which the character of the property owned or leased or the nature of the business transacted by it makes qualification necessary (except where the failure to be so qualified would not have a material adverse effect on the business, properties, financial condition or results or operations of the Company).

Appears in 2 contracts

Samples: Common Stock and Warrant Agreement (Hollis Eden Pharmaceuticals Inc /De/), 4 Stock Purchase Agreement (Amylin Pharmaceuticals Inc)

Organization and Qualification. The Company is a corporation company duly incorporated, incorporated and validly existing and in good standing under the laws of the State Laws of Delaware and has the requisite corporate power and authority to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified to do business and is in good standing in every jurisdiction in which the ownership of its property or the nature of the business as currently conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Phoenix Motor Inc.), Securities Purchase Agreement (Phoenix Motor Inc.)

Organization and Qualification. The Company is a corporation an entity duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own perform its properties obligations under this Agreement. The Company is duly qualified to conduct business and assets and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except where the failure to carry on its business be so qualified or in good standing, as now being conductedthe case may be, would not have or reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (NTN Buzztime Inc), Securities Purchase Agreement (NTN Buzztime Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly organized and existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary and where the failure so to qualify would have a material adverse effect on the operations, properties or financial condition of the Company taken as a whole (a "MATERIAL ADVERSE EFFECT").

Appears in 2 contracts

Samples: Stock Repurchase Agreement (Galaxy Nutritional Foods Inc), Securities Purchase Agreement (Galaxy Nutritional Foods Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly incorporated and existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Subscription Agreement (Sen Yu International Holdings, Inc.), Subscription Agreement (Sen Yu International Holdings, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State state of Delaware Delaware. The Company has all requisite power, right and has the requisite corporate power to own its properties and assets and authority to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Subscription Agreement (Coty Inc.), Subscription Agreement (Coty Inc.)

Organization and Qualification. The Company is a corporation duly ------------------------------ incorporated, validly existing and in good standing under the laws of the State of Delaware and has with the requisite corporate power and authority to own and use its properties and assets and to carry on its business as now being currently conducted. The Company is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Electric Fuel Corp), Securities Purchase Agreement (Electric Fuel Corp)

Organization and Qualification. The Company is a corporation an entity duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has Delaware, with the requisite corporate power and authority to own or lease and use its properties and assets and to carry on its business as now being currently conducted. The Company is not in violation of any of the provisions of its certificate of incorporation or bylaws. The Company is duly qualified to conduct business and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary.

Appears in 2 contracts

Samples: Securities Purchase Agreement (ENDI Corp.), Securities Purchase Agreement (Enterprise Diversified, Inc.)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own own, lease and operate its properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Employment Agreement (National Holdings Corp), Employment Agreement (Vfinance Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of its properties owned or leased or the nature of its activities makes such qualification necessary, each of which is listed in Section 3.1 of the Company Disclosure Schedule.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Jekogian Iii Nickolas W), Agreement and Plan of Merger (Wilshire Enterprises Inc)

Organization and Qualification. (a) The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the all requisite corporate power and authority to own own, lease and operate its respective properties and assets and to carry on its business as now being conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Symmetricom Inc), Agreement and Plan of Merger (Datum Inc)

Organization and Qualification. The Company is a corporation duly incorporated, validly existing and in good standing under the laws Laws of the State of Delaware Delaware. The Company has all licenses, permits and has the requisite corporate power authorizations necessary to own its properties properties, rights and assets and to carry on its business as now being conductedpresently conducted and is duly qualified to do business as a foreign entity and in good standing in each state or country, if any, in which failure to be so qualified would, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect. The Company is not in violation of its Certificate of Incorporation or Bylaws.

Appears in 2 contracts

Samples: Preferred Stock Subscription Agreement, Preferred Stock Subscription Agreement (Lighting Science Group Corp)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power and authorization to own its properties and assets and to carry on its business as now being conducted and as presently proposed to be conducted.

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Aura Systems Inc)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite all necessary corporate power and authority to own its properties own, lease and assets operate the Transferred Assets and to carry on its business operate the Business as it is now being conducted. The Company is qualified to do business as a foreign corporation, and in good standing, under the laws of every jurisdiction where the nature of its business requires such qualification.

Appears in 2 contracts

Samples: Purchase Agreement (STRATA Skin Sciences, Inc.), Asset Purchase Agreement (Ra Medical Systems, Inc.)

Organization and Qualification. The Company is a corporation duly incorporated, organized and validly existing and in good standing under the laws of the State of Delaware Delaware, and has the requisite corporate power and authorization to own its properties and assets and to carry on its business as now being conducted.conducted except as would not, individually or in the aggregate, have a Material

Appears in 1 contract

Samples: Securities Purchase Agreement (Monogram Biosciences, Inc.)

Organization and Qualification. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware, with all requisite power and has the requisite corporate power authority to own own, lease, license, and use its properties and assets and to carry on its the business as in which it is now being conductedengaged and the business in which it contemplates engaging.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blech David)

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