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

Organization and Standing; Certificate 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 and authority to own and operate its properties and assets, and to carry on its business as presently conducted, and is in good standing in each jurisdiction where the failure to so qualify would have a material adverse effect on its business or properties.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Technology Crossover Management Iv LLC)

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Organization and Standing; Certificate 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 lawsDelaware. The Company has the all requisite corporate power and authority to own and operate its properties and assets, assets and to carry on its business as presently conducted, and is in good standing in each jurisdiction where the failure to so qualify would have a material adverse effect on its business or properties.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Puredepth, Inc.)

Organization and Standing; Certificate 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 and authority to own and operate hold its properties and assets, and to carry on its business as presently now conducted and as proposed to be conducted. The Company has provided such Purchaser or its special counsel with an opportunity to review the Restated Certificate and the Bylaws of the Company, each as currently in effect, and is in good standing in each jurisdiction where provided counsel with an opportunity to review the failure to so qualify would have a material adverse effect on its business or propertiesminutes of meetings of the directors and stockholders of the Company upon request.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Netlogic Microsystems Inc)

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Organization and Standing; Certificate 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 and authority to own and operate its properties and assets, and to carry on its business as presently conducted and as proposed to be conducted, and is in good standing in each jurisdiction where the failure to so qualify would have a material adverse effect on its business or properties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capital Art, Inc.)

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