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

Organization and Standing of the Investor. The Investor is a corporation, partnership or limited liability company duly formed, validly existing and in good standing under the laws of the state of its formation. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s address. The Investor was not formed for the purpose of investing solely in the Common Stock.

Organization and Standing of the Investor. The Where the Investor is a corporation, partnership or limited liability company such Investor is duly formedincorporated, validly existing and in good standing under the laws of the state of its formationin which it was formed. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s address. The If an entity, the Investor was not formed for the purpose of investing solely in the Common StockUnits the subject of this Agreement.

Organization and Standing of the Investor. The Investor is a corporation, partnership or limited liability company Corporation duly formed, validly existing and in good standing under the laws of the state of its formationstanding. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s address. The Investor was not formed for the purpose of investing solely in the Common Stock, the Warrants or the shares of Common Stock which are the subject of this Agreement.

Organization and Standing of the Investor. The Investor is is, as first indicated above, a corporationlimited partnership, partnership or limited liability company corporation or corporation duly formed, validly existing and in good standing under the laws of the state of its formationas first indicated above. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s address. The Investor was not formed for the purpose of investing solely in the Preferred Stock or the shares of Common StockStock which are the subject of this Agreement.

Organization and Standing of the Investor. The Where the Investor is a corporation, limited partnership or limited liability company other entity, such Investor is duly formedformed or incorporated, validly existing and in good standing under the laws of the state of its formationin which it was formed. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s addressaddress on the date of this Agreement. The Investor was not formed for the purpose of investing solely in the Common Preferred Stock, the Warrants or the Shares which are the subject of this Agreement.

Organization and Standing of the Investor. The Investor is is, as first indicated above, an individual, a corporationlimited partnership, partnership or limited liability company or corporation duly formed, validly existing and in good standing under the laws of the state of its formation. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s addressaddress on the Schedule of Investors. The Investor was not formed for the purpose of investing solely in the Series B Preferred Stock or the shares of Common StockStock and Warrants which are the subject of this Agreement.

Organization and Standing of the Investor. The Investor is a corporation, partnership or limited liability company duly formedorganized, validly existing and in good standing under the laws of the state of its formationin which it was formed. The state in which any offer to purchase shares hereunder was made or accepted by such Investor is the state shown as such Investor’s address. The Investor was not formed for the purpose of investing solely in the Common Series A Preferred Stock.