Common use of Organization and Related Matters Clause in Contracts

Organization and Related Matters. Buyer is a Corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Buyer is qualified to do business in the State of California. Buyer has the requisite corporate power and authority to carry on its business as now being conducted and to execute and deliver the Agreement.

Appears in 2 contracts

Samples: Asset Acquisition Agreement (Loop Media, Inc.), Asset Purchase Agreement (Cobalis Corp)

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Organization and Related Matters. Buyer is a Corporation corporation duly organized, validly existing and in good standing under the laws of the State of NevadaCalifornia. Buyer is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction where such qualification is necessary under applicable law as a result of the State conduct of Californiaits respective business and where the failure to be so qualified would have a material adverse effect on Buyer. Buyer has the requisite corporate power and authority to carry on its business as now being conducted and to execute and deliver this Agreement and each of the Agreementagreements referenced herein to which Buyer and Seller is a party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kofax Image Products Inc)

Organization and Related Matters. Buyer is a Corporation corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Buyer is qualified to do business in the State of California. Buyer has the requisite all necessary corporate power and authority to carry on its business as now being conducted conducted. Buyer has the necessary corporate power and authority to execute execute, deliver and deliver the Agreementperform this Agreement and any related agreements to which it is a party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Image Entertainment Inc)

Organization and Related Matters. Buyer is a Corporation corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Buyer is qualified to do business in the State of California. Buyer has the requisite all necessary corporate power and authority to carry on its business as it is now being conducted conducted. Buyer has the necessary corporate power and authority to execute execute, deliver and deliver the Agreementperform this Agreement and any related agreements to which it is a party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Procom Technology Inc)

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Organization and Related Matters. Buyer is a Corporation corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Buyer is qualified to do business in the State of California. Buyer has the requisite all necessary corporate power and authority to carry on its business as now being conducted conducted. Buyer has the necessary corporate power and authority to execute execute, deliver and deliver perform this Agreement and the Agreementtransaction contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pacific Sunwear of California Inc)

Organization and Related Matters. Buyer is a Corporation corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. Buyer is qualified to do business in the State of California. Buyer has the requisite all necessary corporate power and authority to carry on its business as now being conducted conducted. Buyer has the necessary corporate power and authority to execute execute, deliver and deliver the Agreementperform this Agreement and any related agreements to which it is a party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wyle Electronics)

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