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

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 88 contracts

Samples: Preferred Stock Purchase Agreement (Opgen Inc), Series D Preferred Stock Purchase Agreement (Vascular Biogenics Ltd.), Securities Purchase Agreement (MDNA Life Sciences, Inc.)

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Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 20 contracts

Samples: Voting and Rights Agreement (zSpace, Inc.), Subscription Agreement (Tectonic Therapeutic, Inc.), Registration Rights Agreement (Ondas Holdings Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Tru Shrimp Companies, Inc.), Stock Purchase Agreement (Tru Shrimp Companies, Inc.), Form of Subscription Agreement (CervoMed Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as or proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to so qualify would have a Material Adverse Effectmaterial adverse effect.

Appears in 5 contracts

Samples: Patent License Agreement, Exclusive License Agreement (IMARA Inc.), Exclusive License Agreement (IMARA Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conductedconducted and to enter into the Transaction Documents to which it is a party. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (Ocean Biomedical, Inc.), Common Stock Purchase Agreement (Braeburn Pharmaceuticals, Inc.), Securities Purchase Agreement (Oncobiologics, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 4 contracts

Samples: Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.), Series C Convertible Preferred Stock Purchase Agreement (Miromatrix Medical Inc.), Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which where it is required to be so qualified, except where the failure to be so qualify qualified would not have a Material Adverse Effectmaterial adverse effect.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Syniverse Holdings Inc), Restricted Stock Unit Award Agreement (Syniverse Holdings Inc), Restricted Stock Unit Award Agreement (Syniverse Holdings Inc)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate limited liability company power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectit currently conducts business.

Appears in 4 contracts

Samples: Unit Grant Agreement (Authentic Brands Group Inc.), Unit Grant Agreement (Authentic Brands Group Inc.), Unit Grant Agreement (Authentic Brands Group Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.), Stock Purchase Agreement (TripBorn, Inc.), Preferred Stock Purchase Agreement (Cryolife Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Series a Preferred Stock and Debt Exchange Agreement (Salt Blockchain Inc.), And Stock Purchase Agreement (Lipella Pharmaceuticals Inc), Stock Purchase Agreement (Bionik Laboratories Corp.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on the business, assets (including intangible assets), liabilities, financial condition, property or results of operations of the Company.

Appears in 3 contracts

Samples: Subscription Agreement (GigWorld Inc.), Common Stock Purchase Agreement (NantKwest, Inc.), Stock Sale and Purchase Agreement (Sorrento Therapeutics, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conductedconducted and to carry out the transactions contemplated by this Agreement. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on the business or assets of the Company.

Appears in 3 contracts

Samples: Convertible Promissory Note Purchase Agreement (MiNK Therapeutics, Inc.), Convertible Promissory Note Purchase Agreement (MiNK Therapeutics, Inc.), Convertible Promissory Note Purchase Agreement (AIkido Pharma Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify or to be in good standing would have a Material Adverse Effectmaterial adverse effect on the Company’s business, assets, properties or results of operations.

Appears in 3 contracts

Samples: Investment Agreement (Aravive, Inc.), Investment Agreement (Aravive, Inc.), Investment Agreement (Medicines Co /De)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, organized and validly existing and in good standing under the laws of the State of Delaware Delaware. Each other Group Company is an entity duly organized and validly existing under the laws of its jurisdiction. Each Group Company has all requisite corporate power and authority to carry on its business as presently conducted and as proposed by the Company to be conducted. The Each Group Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have be material to the Group Companies taken as a Material Adverse Effectwhole.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Q2 Holdings, Inc.), Agreement and Plan of Merger

Organization, Good Standing, Corporate Power and Qualification. (a) 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 corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Series B Preferred Stock Purchase Agreement (Stronghold Digital Mining, Inc.), Series a Preferred Stock Purchase Agreement (Stronghold Digital Mining, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect. The Company has all requisite power and authority to execute and deliver the Transaction Agreements, to sell and issue the Shares, and to carry out and perform its obligations under the terms of each of the Transaction Agreements.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Basil Street Cafe, Inc.), Preferred Stock Purchase Agreement (Basil Street Cafe, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 14 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement, Preferred Stock Purchase Agreement

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have have, individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Tpi Composites, Inc), Series a Preferred Stock Purchase Agreement (Tpi Composites, Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on the Company.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect. The Company’s good standing certificate with the State of Delaware dated February 16, 2018 is included herewith as Schedule 2.1.

Appears in 2 contracts

Samples: Note Purchase Agreement (Super League Gaming, Inc.), Note Purchase Agreement (Super League Gaming, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to so qualify would have a Material Adverse Effectmaterial adverse effect.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Cullinan Oncology, LLC), License and Collaboration Agreement (Cullinan Oncology, LLC)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.. 2.2

Appears in 2 contracts

Samples: Common Stock Purchase Agreement, Common Stock and Note Purchase Agreement

Organization, Good Standing, Corporate Power and Qualification. 1. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all ail requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. , The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Series a Preferred Stock Purchase Agreement (Anterios Inc), Series a Preferred Stock Purchase Agreement (Anterios Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in the State of Maryland and in each other jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Convertible Promissory Note Purchase Agreement, Convertible Promissory Note Purchase Agreement (Altimmune, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in the State of Missouri, Commonwealth of Massachusetts and in each other jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Series D Preferred Stock Purchase Agreement (Proteon Therapeutics Inc), Series D Preferred Stock Purchase Agreement (Proteon Therapeutics Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Zoom Technologies Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and corporate authority required to carry on execute, deliver and perform its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectobligations under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (StemGen, Inc.)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on the Company’s operations.

Appears in 1 contract

Samples: Subscription Agreement (First Physicians Capital Group, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on (a) enter into this Agreement and each of the other Transaction Agreements and to perform its business as presently conducted obligations hereunder and as proposed thereunder and (b) issue, sell and deliver the Shares to be conducted. The Company is duly qualified issued, sold and delivered to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse EffectContributor at the Closing.

Appears in 1 contract

Samples: Contribution Agreement (Cullinan Oncology, LLC)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Limoneira CO)

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Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all the requisite corporate power and authority to own and operate its properties and assets, to carry on its business as presently conducted and as proposed to be conductedconducted to execute and deliver this Agreement, to issue and sell the Securities and to perform its obligations pursuant to this Agreement and the Merger Agreement. The Company is duly presently qualified to transact do business and is in good standing as a foreign corporation in each jurisdiction in which where the failure to be so qualify would qualified could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Myos Rens Technology Inc.)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation Company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and corporate authority required (a) to carry on its business as presently conducted and as presently proposed to be conducted. The Company is duly qualified conducted and (b) to transact business execute, deliver and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectperform its obligations under this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Immix Biopharma, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conductedDelaware. The Company is duly qualified or licensed to transact business and is in good standing in each jurisdiction in which the business it is conducting or ownership of its assets makes such qualification necessary, except where the failure to so qualify would not, individually or in the aggregate, have a Material Adverse EffectEffect on the Company. The Company has all requisite corporate power and authority to own and operate its properties and assets, and to carry on its business as presently conducted and as presently contemplated to be conducted by the Company.

Appears in 1 contract

Samples: Stock Exchange Agreement (Invitae Corp)

Organization, Good Standing, Corporate Power and Qualification. The Company Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company Corporation is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Exclusive License Agreement (Abpro Corp)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect. “Material Adverse Effect” means a material adverse effect on the business, assets (including intangible assets), liabilities, financial condition, property, prospects or results of operations of the Company.

Appears in 1 contract

Samples: Convertible Promissory Note Purchase Agreement (EVO Transportation & Energy Services, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect, with each such jurisdiction being set forth on Subsection 2.1 of the Disclosure Schedule.

Appears in 1 contract

Samples: Development Collaboration and License Agreement (GenMark Diagnostics, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on its business or properties.

Appears in 1 contract

Samples: Note Purchase Agreement (Colonnade Acquisition Corp. II)

Organization, Good Standing, Corporate Power and Qualification. (a) The Company is a corporation Delaware corporation, duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted as of the date hereof and as proposed to be conductedconducted after the Closing. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have be reasonably expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Penn National Gaming Inc)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all the requisite corporate power and authority to own and operate its properties and assets, to carry on its business as presently conducted conducted, to execute and as proposed deliver this Agreement, to be conductedissue and sell the Securities and to perform its obligations pursuant to this Agreement. The Company is duly presently qualified to transact do business and is in good standing as a foreign corporation in each jurisdiction in which where the failure to be so qualify would qualified could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Myos Rens Technology Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect. The Company has the requisite corporate power and authority to own and operate its properties and assets. The Certificate of Incorporation and Bylaws of the Company have been provided to the Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Millennium Cell Inc)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effectbusiness.

Appears in 1 contract

Samples: Securities Purchase Agreement (Humbl, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the nature of its business or its ownership of its properties requires it to be so qualified, except where a failure to be so qualify qualified would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Arrowhead Research Corp)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in Massachusetts and in each other jurisdiction in which the failure to so qualify would have a Material Adverse Effectmaterial adverse effect on the business, assets (including intangible assets), liabilities, financial condition, property or results of operations of the Company.

Appears in 1 contract

Samples: License Agreement (Zogenix, Inc.)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State state of Delaware and has all requisite corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pacifichealth Laboratories Inc)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation corporation, duly organizedformed, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all 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 currently conducted. The Company is duly qualified has made available to transact business Purchaser true and is in good standing complete copies of the Organizational Documents of each of the Company, in each jurisdiction in which case as amended through the failure to so qualify would have a Material Adverse EffectEffective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Skyworks Solutions, Inc.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in the state in which it maintains its principal place of business and in each other jurisdiction in which it is required to be so qualified, except where the failure to so qualify would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Subscription Agreement (Fat Brands, Inc)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite corporate power and authority to carry on its business Business as presently now conducted and as presently proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Amended and Restated Purchase Option Agreement (Roth CH Acquisition I Co. Parent Corp.)

Organization, Good Standing, Corporate Power and Qualification. 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 corporate power and authority to carry on its business as presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.. ​

Appears in 1 contract

Samples: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.)

Organization, Good Standing, Corporate Power and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all requisite corporate power and authority to carry on its business as previously and presently conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a Material Adverse Effect.material adverse effect on the business, assets, liabilities, financial condition, property or results of operations of the Company

Appears in 1 contract

Samples: Stock Purchase Agreement (WHX Corp)

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