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.), Convertible Preferred Stock Purchase Agreement (Gulfstream International Group Inc), Series a Convertible Preferred Stock Purchase (Impart Media Group Inc)

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Organization and Standing of the Purchasers. If the Purchaser is an entity, such 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. 3.02.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Paula Financial)

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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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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