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

Organization; Good Standing; Qualification and Corporate Power. (a) The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted. The Company and each of its subsidiaries is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to qualify would have a material adverse effect on its business or properties. True and correct copies of the Company's Certificate of Incorporation, as amended (the "Certificate of Incorporation") and Bylaws have been provided to the Investor or made available via the SEC XXXXX website.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Conversion Services International Inc), Stock Purchase Agreement (Conversion Services International Inc)

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Organization; Good Standing; Qualification and Corporate Power. (a) The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted. The Company and each of its subsidiaries is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to qualify would have a material adverse effect on its business or properties. True and correct copies of the Company's Certificate of Incorporation, as amended (the "Certificate of Incorporation") and Bylaws have been provided to the Investor or made available via Investor. True and correct copies of the SEC XXXXX websiteformation documents for each subsidiary have been provided to the Investor.

Appears in 1 contract

Samples: Stock Purchase Agreement (Network Peripherals Inc)

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Organization; Good Standing; Qualification and Corporate Power. (a) The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted. The Company and each of its subsidiaries is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to qualify would have a material adverse effect on its business or properties. True and correct copies of the Company's Company Certificate of Incorporation, as amended (the "Certificate of Incorporation") and Bylaws have been provided to the Investor Noteholders or made available via the SEC XXXXX website.

Appears in 1 contract

Samples: Note Conversion Agreement (Conversion Services International Inc)

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