Organization of the Company; Authorization. (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, with full corporate power and authority to enter into this Agreement, the Restated Stockholders' Agreement and the Restated Voting Agreement and to perform all of its obligations hereunder and thereunder, and to own or lease its properties and to engage in its business as presently conducted. The Company is duly qualified and in good standing as a foreign corporation under the laws of each jurisdiction in which the failure to so qualify would have a material adverse effect on its business or properties. The Company has no subsidiaries, nor does it own any equity interest in, or control directly or indirectly, any other entity.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)
