Organization Form. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own or lease and operate its properties and to carry on its business as now conducted and described in the SEC Reports (as defined below).
Appears in 3 contracts
Samples: Preferred Stock Redemption Agreement (Jakks Pacific Inc), Equity Purchase Agreement (Jakks Pacific Inc), Equity Purchase Agreement (Hongkong Meisheng Culture Co LTD)
Organization Form. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own or lease and operate its properties and to carry on its business as now conducted and described conducted. Since January 9, 2003, the Company has not paid a dividend or made any other distribution with respect to its shares of common stock in the SEC Reports (as defined below)shares of its capital stock or subdivided its outstanding common stock.
Appears in 2 contracts
Samples: Equity Subscription Agreement (Nortek Holdings Inc), Equity Subscription Agreement (Nortek Holdings Inc)
