Common use of Organization and Standing Clause in Contracts

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 253 contracts

Samples: Subscription Agreement (Acme Atronomatic Inc), Subscription Agreement, Subscription Agreement (Next Thing Technologies, Inc)

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Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 120 contracts

Samples: Subscription Agreement (M2i Global, Inc.), Subscription Agreement (Rad Technologies Inc.), Subscription Agreement (Aptera Motors Corp)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, the Securities and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 41 contracts

Samples: Subscription Agreement (Radar USA Inc.), Subscription Agreement (Radar USA Inc.), Subscription Agreement (Digital Brands Group, Inc.)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, the Shares and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 24 contracts

Samples: Series C 1 Preferred Stock Subscription Agreement (Gin & Luck Inc.), Series C 1 Preferred Stock Subscription Agreement (Gin & Luck Inc.), Subscription Agreement (Innovega Inc.)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of DelawareNew Jersey. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 3 contracts

Samples: Subscription Agreement (GD Entertainment & Technology, Inc.), Subscription Agreement (GD Entertainment & Technology, Inc.), Subscription Agreement (GD Entertainment & Technology, Inc.)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, the Securities and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.. ​

Appears in 3 contracts

Samples: Subscription Agreement (Digital Brands Group, Inc.), Subscription Agreement (Digital Brands Group, Inc.), Subscription Agreement (Digital Brands Group, Inc.)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, assets and to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 3 contracts

Samples: Common Stock Subscription Agreement, Common Stock Subscription Agreement (Feel the World, Inc.), Common Stock Subscription Agreement (Feel the World, Inc.)

Organization and Standing. The Company is a Delaware corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 3 contracts

Samples: Subscription Agreement (Miso Robotics, Inc.), Subscription Agreement (Miso Robotics, Inc.), Subscription Agreement (Fanbase Social Media, Inc.)

Organization and Standing. The Company is a C corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 3 contracts

Samples: Subscription Agreement (Legion M Entertainment, Inc.), Subscription Agreement (Legion M Entertainment, Inc.), Subscription Agreement (Legion M Entertainment, Inc.)

Organization and Standing. The Company is a corporation limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do conduct business and is in good standing as a foreign corporation entity in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 3 contracts

Samples: Subscription Agreement (Majestic Funding Partners, LLC), Subscription Agreement (Amazon Gold, LLC), Subscription Agreement (Amazon Gold, LLC)

Organization and Standing. The Company is a public benefit corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 2 contracts

Samples: Subscription Agreement (To the Stars Academy of Arts & Science Inc.), Subscription Agreement (To the Stars Academy of Arts & Science Inc.)

Organization and Standing. The Company is a corporation Corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 2 contracts

Samples: Subscription Agreement (MedicaMetrix, Inc/De), Subscription Agreement (Sagoon Inc.)

Organization and Standing. The Company is a corporation C Corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 2 contracts

Samples: Subscription Agreement (TerraCycle US Inc.), Subscription Agreement (TerraCycle US Inc.)

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 2 contracts

Samples: Subscription Agreement (Oncolyze, Inc.), Subscription Agreement (Oncolyze, Inc.)

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Organization and Standing. The Company is a corporation duly formedorganized, validly existing and in good standing under the laws of the State of Delaware. The Company , and has all requisite corporate power and authority to own and operate its properties and assets, assets and to execute carry on its business as now conducted and deliver this Subscription Agreement, and any other agreements or instruments required hereunderas currently proposed to be conducted. The Company is duly qualified and is authorized to do business business, and is in good standing as a foreign corporation corporation, in all jurisdictions Virginia and in which each other jurisdiction where the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which where a failure to do so would not have a material adverse effect on the Company or its businessCompany.

Appears in 2 contracts

Samples: Series C Preferred Stock and Warrant Purchase Agreement (Uol Publishing Inc), Series D Preferred Stock Purchase Agreement (Uol Publishing Inc)

Organization and Standing. The Company is a corporation duly formedorganized, validly existing and in good standing under the laws of the State of Delaware. The Company , and has all requisite corporate power and authority to own and operate its properties and assets, assets and to execute carry on its business as now conducted and deliver this Subscription Agreement, and any other agreements or instruments required hereunderas currently proposed to be conducted. The Company is duly qualified and is authorized to do business business, and is in good standing as a foreign corporation corporation, in all jurisdictions Virginia and in which each other jurisdiction where the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which where a failure to do so would not have a material adverse effect on the Company or its business.Company. b.

Appears in 2 contracts

Samples: Subscription Agreement (Uol Publishing Inc), Subscription Agreement (Uol Publishing Inc)

Organization and Standing. The Company is a corporation duly formed, validly existing existing, and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement (Item 9 Labs Corp.)

Organization and Standing. The Company is a corporation Corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, Agreement and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing standin g as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement

Organization and Standing. The Company is a corporation C Corporation, duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement

Organization and Standing. The Company is a corporation C Corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement (Campagna Motors USA Inc.)

Organization and Standing. The Company is a C corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement

Organization and Standing. The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. .The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, the Securities and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

Appears in 1 contract

Samples: Subscription Agreement (Virtuix Holdings Inc.)

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