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

Organization and Standing of the Purchaser. The Purchaser is a trust organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

Appears in 3 contracts

Samples: Note Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (Ambient Corp /Ny)

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Organization and Standing of the Purchaser. The Purchaser is a trust duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

Appears in 2 contracts

Samples: Debenture and Warrant Purchase Agreement (Electro Energy Inc), Debenture and Warrant Purchase Agreement (Electro Energy Inc)

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