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

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.

Appears in 34 contracts

Samples: Subscription Agreement (Umami Sustainable Seafood Inc.), Series a Convertible Preferred Stock Purchase Agreement (Gulfstream International Group Inc), Series a Convertible Preferred Stock Purchase Agreement (Ortec International Inc)

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Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation corporation, partnership or partnership limited liability company duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 12 contracts

Samples: Note and Warrant Purchase Agreement (NovaRay Medical, Inc.), Series a Convertible Preferred Stock and Warrant Purchase Agreement (NovaRay Medical, Inc.), Series C Convertible Preferred Stock Purchase Agreement (Avicena Group, Inc.)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such The Purchaser is a corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction state of its incorporation or organizationincorporation.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Geltex Pharmaceuticals Inc)

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Organization and Standing of the Purchasers. If the Purchaser is an entity, such Such Purchaser is a corporation or partnership duly incorporated or organized(in the case of a corporate Purchaser), validly existing and in good standing under the laws of the jurisdiction of its incorporation or organizationincorporation.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Datametrics Corp)

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