Common use of Organization, Authority and Qualification of the Company Clause in Contracts

Organization, Authority and Qualification of the Company. The Company is a corporation duly organized, validly existing, and in good standing under the Laws of the state of California and has full corporate power and authority to own, operate, or lease the properties and assets now owned, operated, or leased by it and to carry on its business as it has been and is currently conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Blum Holdings, Inc.), Stock Purchase Agreement (Blum Holdings, Inc.)

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Organization, Authority and Qualification of the Company. The Company is a corporation duly organized, validly existing, and in good standing under the Laws of the state of California and has full corporate power and authority to own, operateoperate , or lease the properties and assets now owned, operated, or leased by it and to carry on its business as it has been and is currently conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Solar Integrated Roofing Corp.), Stock Purchase Agreement (Solar Integrated Roofing Corp.)

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Organization, Authority and Qualification of the Company. The Company is a corporation limited liability company duly organized, validly existing, existing and in good standing under the Laws laws of the state of California and has full corporate limited liability company power and authority to own, operate, operate or lease the properties and assets now owned, operated, operated or leased by it and to carry on its business as it has been and is currently conducted. The Company is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such licensing or qualification necessary.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Terra Tech Corp.)

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