Common use of Organization and Standing; Articles and Bylaws Clause in Contracts

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and validly existing under, and 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 to own and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conducted.

Appears in 4 contracts

Samples: Common Stock and Warrant Purchase Agreement (Storm Technology Inc), Common Stock and Warrant Purchase Agreement (Krause L William), Common Stock and Warrant Purchase Agreement (Storm Technology Inc)

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Organization and Standing; Articles and Bylaws. The Company is and will be a ---------------------------------------------- corporation duly organized and organized, validly existing underexisting, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such laws. The Company has the will have all requisite corporate power to own and operate its properties and assets and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to do business in each jurisdiction where the nature of its business or its ownership or leasing of its properties makes such qualification necessary.

Appears in 3 contracts

Samples: Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.), Stock Purchase Agreement (MOPALS.COM, Inc.)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and validly existing under, and by virtue of, the laws of the State state of Delaware and is in good standing under such laws. The Company has the requisite corporate power to own and operate its properties and assets assets, and to carry on its business as presently conducted and as proposed to be conducted. The Company is qualified or licensed as a foreign corporation in California.

Appears in 2 contracts

Samples: Credit Facility Agreement (Omnis Technology Corp), Credit Facility Agreement (Omnis Technology Corp)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and validly existing under, and by virtue of, the laws of the State state of Delaware and is in good standing under such laws. The Company has the requisite corporate power to own and operate its properties and assets assets, and to carry on its it business as presently conducted and as proposed to be conducted. The Company is qualified, licensed or domesticated as a foreign corporation in all jurisdictions where the nature of its activities or of its properties owned or leased makes such qualification, licensing or domestication necessary at this time.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Finet Holdings Corp), Stock Purchase Agreement (Finet Holdings Corp)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and organized, validly existing underexisting, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such laws. The Company has the all requisite corporate power to own and operate its properties and assets and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Debt Conversion Agreement (Aspire Japan, Inc.)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and organized, validly existing under, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such laws. The Company has the all requisite corporate power to own and operate its properties and assets and authority to carry on its business as presently conducted now conducted. Each of the Subsidiaries is a corporation or limited liability company duly organized, validly existing and in good standing under the laws of its state of incorporation or formation (as proposed the case may be) and has all requisite corporate or limited liability company power and authority to be carry on its business as now conducted.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Stevens Financial Group LLC)

Organization and Standing; Articles and Bylaws. The Company is and will be a ---------------------------------------------- corporation duly organized and organized, validly existing underexisting, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such laws. The Company has the will have all requisite corporate power to own and operate its properties and assets and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Restricted Stock Agreement (Aspire Japan, Inc.)

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Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and validly existing under, and by virtue of, under the laws of the State of Delaware and is in good standing its status under such lawslaws is active. The Company has the requisite corporate power to own and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Dental Services of America Inc)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized and organized, validly existing underexisting, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such lawsauthorized to exercise all its corporate powers, rights and privileges. The Company has made available to the requisite corporate power to own Investors true and operate complete copies of its properties certificate of incorporation and assets and to carry on its business bylaws, each as presently conducted and as proposed to be conductedcurrently in effect.

Appears in 1 contract

Samples: Series a 8% Convertible Preferred Stock Purchase Agreement (Lendingtree Inc)

Organization and Standing; Articles and Bylaws. The Company ----------------------------------------------- is a ---------------------------------------------- corporation duly organized and validly existing under, and 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 to own and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Storm Technology Inc)

Organization and Standing; Articles and Bylaws. The Company is a ---------------------------------------------- corporation duly organized duty organized, validly existing. and validly existing under, and by virtue of, in good standing under the laws of the State of Delaware and is in good standing under such laws. The Company has the all requisite corporate power to own and operate its properties and assets and authority to carry on its Its business as presently conducted and as proposed to be conducted.

Appears in 1 contract

Samples: Debt Conversion Agreement (Alliance Recovery Corp)

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