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

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida, and is entitled to own or lease its properties and to carry on its business as and in the places where such properties are now owned, leased or operated. The Company has full corporate power and other authority to enter into this Agreement and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Genesis Group Holdings Inc), Stock Purchase Agreement (Genesis Group Holdings Inc)

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Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida, Florida and is entitled has all requisite corporate power and authority to own or lease and operate its properties and to carry on its business as now conducted and in the places where such properties are now owned, leased or operated. The Company has full corporate power and other authority as proposed to enter into this Agreement and to consummate the transactions contemplated herebybe conducted.

Appears in 2 contracts

Samples: Capital Stock Purchase Agreement (Venus Beauty Supply Inc), Capital Stock Purchase Agreement (Used Kar Parts Inc)

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Floridastanding, with all requisite corporate power and is entitled to own or lease its properties and authority to carry on its business as and in the places where such properties are now owned, leased or operatedpresently conducted. The Company has full corporate power and is qualified to do business in all other authority jurisdictions where it does or plans to enter into this Agreement and to consummate the transactions contemplated herebydo business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jackson Rivers Co)

Organization and Standing of the Company. The Company is a corporation duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Floridastanding, with all requisite corporate power and is entitled to own or lease its properties and authority to carry on its business as and in the places where such properties are now owned, leased or operated. The Company has full corporate power and other authority to enter into this Agreement and to consummate the transactions contemplated herebypresently conducted.

Appears in 1 contract

Samples: Share Exchange Agreement (Armor Electric, Inc.)

Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida, Florida and is entitled to own or lease its properties and to carry on its business as and in the places where such properties are now owned, leased or operated. The Company has full corporate power and other authority to enter into this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hospital Staffing Services Inc)

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Organization and Standing of the Company. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State state of Florida, Florida and is entitled has the corporate power to own or lease its properties property and assets and to carry on its business as now being conducted. Copies of the Articles of Incorporation and By-laws of the Company as amended and currently in the places where such properties effect are now owned, leased or operated. The Company has full corporate power and other authority to enter into this Agreement and to consummate the transactions contemplated herebyattached as Schedule 3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Usa Finance Inc)

Organization and Standing of the Company. The Company is a corporation ------------------------------------------- duly organized, organized and validly existing and Florida corporation in good standing under the laws of the State of Floridastanding, with all requisite corporate power and is entitled to own or lease its properties and authority to carry on its business as and in the places where such properties are now owned, leased or operated. The Company has full corporate power and other authority to enter into this Agreement and to consummate the transactions contemplated herebypresently conducted.

Appears in 1 contract

Samples: Capital Stock Exchange Agreement (Barron Partners Lp)

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