Common use of Organization of Parent Clause in Contracts

Organization of Parent. Parent is a corporation duly formed, validly existing and in good standing under the Laws of the State of Colorado. Parent has all requisite corporate power and authority to own, operate, or lease the properties and assets now owned, operated, or leased by it and to carry on its business as currently conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (TREES Corp (Colorado))

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Organization of Parent. Parent is a corporation duly formed, validly existing and in good standing under the Laws of the State of Colorado. Parent has all requisite corporate power and authority to own, operate, or lease the properties and assets now owned, operated, or leased by it and to carry on its business as currently conducted.. ​ ​ COMMON TERMS AND CONDITIONS ​ 10.1.docx Page 16 of 42 (4.21.21 - 22:03) ​ ​ ​

Appears in 1 contract

Samples: Employment Agreement (General Cannabis Corp)

Organization of Parent. Parent is a corporation corporation, duly formedorganized, validly existing and in good standing under the Laws of the State of Colorado. Parent , and has all requisite full corporate power and authority to own, operate, or lease the properties and assets now owned, operated, or leased by it and to carry on its respective business as currently conductedit is now being conducted and to own and lease all of its properties and Assets.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TWO RIVERS WATER Co)

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Organization of Parent. Parent is a corporation duly formed, validly existing and in good standing under the Laws of the State of Colorado. Parent has all requisite corporate power and authority to own, operate, or lease the properties and assets now owned, operated, or leased by it and to carry on its business as currently conducted.. ​ ​ COMMON TERMS AND CONDITIONS ​ ​ ​ 10.2 Page 16 of 42 (4.21.21 - 21:54) ​ ​

Appears in 1 contract

Samples: Employment Agreement (General Cannabis Corp)

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