Common use of Organization, Good Standing and Corporate Power Clause in Contracts

Organization, Good Standing and Corporate Power. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 5 contracts

Samples: Stock Purchase Agreement (T Stamp Inc), Stock Purchase Agreement (T Stamp Inc), Stock Purchase Agreement (T Stamp Inc)

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Organization, Good Standing and Corporate Power. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state State of its incorporation Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 4 contracts

Samples: Series B Convertible Preferred Stock Agreement (Alon USA Energy, Inc.), Convertible Preferred Stock Purchase Agreement (Alon USA Energy, Inc.), Series a Preferred Stock Purchase Agreement (Alon Israel Oil Company, Ltd.)

Organization, Good Standing and Corporate Power. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of the state State of its incorporation and Maryland. The Company has all the requisite corporate power and authority to own, lease and operate its properties and assets and to carry on its business as presently conducted and as proposed to be conductedenter into and perform its obligations under this Agreement.

Appears in 3 contracts

Samples: Conversion Agreement (Nocopi Technologies Inc/Md/), Conversion Agreement (Nocopi Technologies Inc/Md/), Conversion Agreement (Nocopi Technologies Inc/Md/)

Organization, Good Standing and Corporate Power. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state State of its incorporation Nevada and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Digerati Technologies, Inc.), Stock Purchase Agreement (Digerati Technologies, Inc.)

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Organization, Good Standing and Corporate Power. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state State of its incorporation Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted.

Appears in 2 contracts

Samples: Redemption Agreement (Nikola Corp), Stock Purchase Agreement (Crexendo, Inc.)

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