Organization and Standing of the Purchasers Sample Clauses

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.
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Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.
Organization and Standing of the Purchasers. The Purchaser is a partnership duly organized, validly existing and in good standing (to the extent such concept exists) under the laws of the jurisdiction of its organization.
Organization and Standing of the Purchasers. Each of the Purchasers is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.
Organization and Standing of the Purchasers. If the Purchaser is a corporation, partnership, unincorporated association or other entity, it has the legal capacity to enter into and be bound by the Agreement, it has been duly incorporated or organized, and that it is validly subsisting in the jurisdiction of its incorporation or organization. If the Purchaser is a natural person, he or she is of the full age of majority and is legally competent to execute and perform under the terms of the Transaction Documents.
Organization and Standing of the Purchasers. Each Purchaser is a corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.
Organization and Standing of the Purchasers. If the Purchaser is: (i) a corporation, the Purchaser is duly incorporated and is validly subsisting under the laws of its jurisdiction of incorporation and has all requisite legal and corporate power and authority to execute and deliver this Agreement, to subscribe for the Securities as contemplated herein and to carry out and perform its covenants and obligations under the terms of this Agreement; (ii) a partnership, syndicate or other form of unincorporated organization, the Purchaser has the necessary legal capacity and authority to execute and deliver this Agreement and to observe and perform its covenants and obligations hereunder and has obtained all necessary approvals in respect thereof; or Note and Warrant Purchase Agreement (iii) an individual, the Purchaser has the legal capacity and competence to enter into and to execute this Agreement and to observe and perform his or her covenants and obligations hereunder.
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Organization and Standing of the Purchasers. Each of the Purchasers (excluding those Purchasers that are individuals) is a corporation, partnership, limited liability company or trust duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.
Organization and Standing of the Purchasers. The Canadian Purchaser is a limited partnership duly organized and validly existing under the laws of Alberta and has partnership power and authority to own or lease its property, to carry on its business as now being conducted by it and to enter into this Agreement and to perform its obligations hereunder. The Purchasers (other than the Canadian Purchaser) are corporations duly incorporated and organized and validly subsisting under the laws of their jurisdictions of incorporation and have the corporate power to own or lease their property, to carry on their business as now being conducted by them and to enter into this Agreement and to perform their obligations hereunder. The Purchasers are duly qualified as either partnerships or corporations (as applicable) to do business in each jurisdiction in which the nature of their business makes such qualification necessary except where the failure to be so qualified would not have a material adverse effect on their business.
Organization and Standing of the Purchasers. 14 3.02. AUTHORITY; ENFORCEABILITY; NO CONFLICT . . . . 14 3.03.
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