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 Delaware 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 (Dougherty's Pharmacy, Inc.), Share Exchange Agreement (flooidCX Corp.)

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Organization, Authority and Qualification of the Company. (a) The Company is a corporation duly organized, validly existing, existing and in good standing under the Laws laws of the state State of Delaware and has full all necessary corporate 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 will, on and after the Approval Date, have all necessary corporate power and authority to enter into this Agreement, to

Appears in 1 contract

Samples: Agreement and Plan of Merger (Newfield Exploration Co /De/)

Organization, Authority and Qualification of the Company. The Company is a corporation duly organized, validly existing, existing and in good standing under the Laws of the state of Delaware and has full all necessary corporate 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.

Appears in 1 contract

Samples: Securities Purchase Agreement (Laredo Oil, Inc.)

Organization, Authority and Qualification of the Company. The Company is a corporation duly organized, validly existing, existing and in good standing under the Laws of the state of Delaware and has full all necessary corporate 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: Merger Agreement (Douglas Dynamics, Inc)

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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 of the state State of Delaware 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.. Section 3.01 of the Disclosure Schedule sets forth each jurisdiction in which the

Appears in 1 contract

Samples: Membership Interest Purchase Agreement

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