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

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conducted.

Appears in 10 contracts

Samples: Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.)

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Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being currently conducted.

Appears in 3 contracts

Samples: Common Stock and Warrant Purchase Agreement (Sino Green Land Corp), Common Stock and Warrant Purchase Agreement (Sino Green Land Corp), Common Stock and Warrant Purchase Agreement (Sino Green Land Corp)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conducted.. The Company does not have any Subsidiaries

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Merchandise Creations, Inc.), Note and Warrant Purchase Agreement (Merchandise Creations, Inc.)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and Nevada. The Company has the requisite corporate power to own, lease and operate its respective properties and assets and to conduct its respective business as it is now being conducted. The Company is duly qualified and authorized to do business, and is in good standing as a foreign corporation, in each jurisdiction in which it owns or leases property.

Appears in 2 contracts

Samples: Stock Purchase Agreement (China Green Agriculture, Inc.), Stock Purchase Agreement (China Green Agriculture, Inc.)

Organization, Good Standing and Power. The Company is a and corporation duly incorporated, validly existing and in good Covenants standing under the laws of the State of Nevada and has the of Regent requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conducted.

Appears in 1 contract

Samples: Financing Terms Agreement (NPC Holdings Inc)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conducted.to

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Axm Pharma Inc)

Organization, Good Standing and Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power and authority to own, lease and operate its properties and assets and to conduct its business as it is now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except for any jurisdiction in which the failure to be so qualified would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Sulphco Inc)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conducted. The Company does not have any subsidiaries. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Camelot Corp)

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Organization, Good Standing and Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Nevada and has the requisite corporate power and authority to own, lease and operate its properties and assets and to conduct its business as it is now being conducted. Company and each Subsidiary is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, except for any jurisdiction in which the failure to be so qualified would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Brazil Minerals, Inc.)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, incorporated validly existing and in good standing under the laws of the State of Nevada and has the all requisite corporate power authority to own, lease and operate its properties and assets and to conduct carry on its business as it is now being conducted. The Company is duly qualified to do business and is in good standing as a foreign corporation in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Absolutefuture Com)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada and has the all requisite corporate power authority to own, lease and operate its properties and assets and to conduct carry on its business as it is now being conducted. The Company is duly qualified and is in good standing as a foreign corporation to do business in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect on the Company’s financial condition.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Meta Materials Inc.)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada California and has the requisite corporate power to own, lease and operate its properties and assets and to conduct its business as it is now being conductedconducted and to enter into this Agreement and to perform its obligations hereunder.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Meltronix Inc)

Organization, Good Standing and Power. The Company is a corporation duly incorporated, incorporated validly existing and in good standing under the laws of the State of Nevada and has the all requisite corporate power authority to own, lease and operate its properties and assets and to conduct carry on its business as it is now being conducted, except as would not have a Material Adverse Effect. The Company is duly qualified to do business and is in good standing as a foreign corporation in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary, other than those in which the failure so to qualify would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (GTC Telecom Corp)

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