Common use of Organization; Good Standing Clause in Contracts

Organization; Good Standing. The Company is an entity duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws of the jurisdiction of its organization.

Appears in 4 contracts

Samples: Stockholders’ Agreement (INC Research Holdings, Inc.), Stockholders’ Agreement (INC Research Holdings, Inc.), Voting Agreement (INC Research Holdings, Inc.)

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Organization; Good Standing. The Company is an entity a valid and subsisting corporation duly organized, validly existing incorporated and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the jurisdiction of its organizationjurisdictions in which it is incorporated.

Appears in 4 contracts

Samples: Subscription Agreement (Most Home Corp), Subscription Agreement (Marketu Inc), Option Agreement (Marketu Inc)

Organization; Good Standing. The Company is an entity a corporation duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the jurisdiction state of its organizationwhich it is incorporated.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Alliance Pharmaceutical Corp), Common Stock Purchase Agreement (Alliance Pharmaceutical Corp)

Organization; Good Standing. The Company is an a legal entity duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws of the its jurisdiction of its organization.

Appears in 2 contracts

Samples: Waiver Agreement (RLJ Entertainment, Inc.), Voting Agreement (RLJ Entertainment, Inc.)

Organization; Good Standing. The Company is an entity a corporation duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the its jurisdiction of incorporation and each jurisdiction in which it operates its organizationbusiness.

Appears in 1 contract

Samples: Registration Rights Agreement (International Dispensing Corp)

Organization; Good Standing. The Company is an entity duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the jurisdiction of its organizationformation. The Company has the requisite power and authority to own, lease or use its properties and assets and to conduct its business as presently conducted.

Appears in 1 contract

Samples: Milestone Rights Purchase Agreement (Mannkind Corp)

Organization; Good Standing. The Company is an entity a corporation duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the jurisdiction of British Columbia, and has all requisite corporate power and authority to carry on its organizationbusiness as presently conducted and as currently proposed to be conducted.

Appears in 1 contract

Samples: Subordinated Convertible Note Purchase Agreement (Northern Power Systems Corp.)

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Organization; Good Standing. The Company is an entity a corporation duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws laws of the jurisdiction of its organizationincorporation, has the full legal power and authority to own its property and to carry on its business as currently conducted and is duly qualified as a foreign corporation to do business and is in good standing in each jurisdiction in which the transaction of its business makes such qualification necessary.

Appears in 1 contract

Samples: Warehouse Credit and Security Agreement (Community Bankshares Inc /Sc/)

Organization; Good Standing. The Company is an entity duly and validly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws of the jurisdiction laws of its organizationformation and has all requisite power and authority to carry on its business as now conducted.

Appears in 1 contract

Samples: Conversion Agreement (Microvision Inc)

Organization; Good Standing. The Company is an entity a corporation duly organized, validly existing and in good standing (with respect to jurisdictions that recognize such concept or equivalent) under the Laws of the its jurisdiction of its organizationincorporation. "Laws" shall mean statutes, laws, ordinances, rules, regulations, decrees, writs, permits or certificates of any governmental entity.

Appears in 1 contract

Samples: Purchase Agreement (Calais Resources Inc)

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