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

Organization, Qualification and Corporate Power. The Company is duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and to carry on its business as presently conducted.

Appears in 9 contracts

Samples: Purchase Agreement (Tiptree Inc.), Purchase Agreement (Tiptree Inc.), Purchase Agreement (Tiptree Inc.)

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Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of Delaware, and duly authorized to conduct business and in good standing under the State laws of Delaware and each jurisdiction where qualification is required, except for jurisdictions where the failure to be so qualified would not cause the Company to experience a Material Adverse Change. The Company has all requisite corporate full power and authority, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and authority to carry on its business as presently conductedthe businesses in which it is engaged and to own and use the properties owned and used by it. Exhibit 4.1 lists the directors and officers of the Company.

Appears in 5 contracts

Samples: Collaboration Agreement (Pdi Inc), Stock Purchase Agreement (Pdi Inc), Credit Agreement (SWK Holdings Corp)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware. The Company is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required, except where the lack of such qualification would not have a Material Adverse Effect. The Company has all requisite corporate power and authority, authority to own or use the properties and all authorizations, licenses and permits, necessary to own, lease and operate assets owned by the assets and properties it purports to own, lease or operate Company and to carry on conduct its business as presently it is now being conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Biotime Inc)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all requisite the corporate power and authorityauthority to execute, deliver, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate perform this Agreement and to carry on its business as presently conductedpurchase and repurchase the Shares.

Appears in 2 contracts

Samples: Common Stock Repurchase Agreement (Presidential Realty Corp/De/), Common Stock Repurchase Agreement (Presidential Realty Corp/De/)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware. The Company is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required. The Company has all requisite full corporate power and authority, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and authority to carry on its the business as presently conductedin which it is engaged and to own and use the properties owned and used by it.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Mail Com Inc), Preferred Stock Purchase Agreement (Mail Com Inc)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, 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, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and authority to carry on its business as presently conductedthe businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 2 contracts

Samples: Preferred Stock Exchange Agreement (Atrinsic, Inc.), Investor Note Exchange Agreement (Atrinsic, Inc.)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware. The Company is in good standing and is qualified and licensed to do business in every jurisdiction in which the nature of its business and operations would require qualification as a foreign corporation. The Company has all requisite corporate power and authority, and all authorizations, licenses and permits, necessary authority to own, lease own and operate the assets and its properties it purports to own, lease or operate and to carry on its business as presently now conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cas Medical Systems Inc)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware Delaware. The Company is duly qualified to conduct business and is in good standing under the Laws of each jurisdiction where it is now conducting business. The Company has all requisite corporate power and authority, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and authority to carry on its the business as presently conductedin which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Stock Purchase Agreement (ForceField Energy Inc.)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and has all Delaware, with the requisite corporate power and authority, and all authorizations, licenses and permits, necessary authority to own, lease lease, operate and operate the use its properties and assets and properties it purports to own, lease or operate and to carry on its business as presently currently conducted. The Company does not own any interest in any other Person.

Appears in 1 contract

Samples: Stock Purchase Agreement (Investment Technology Group Inc)

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Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State state of Delaware and Delaware. The Company has all requisite full corporate power and authority, and all authorizations, licenses and permits, necessary authority to own, lease and operate the assets and properties it purports to own, lease or operate enter into this Agreement and to carry on its business as presently conductedrender all performances set forth in this Agreement.

Appears in 1 contract

Samples: Business Services Agreement (VG Life Sciences, Inc.)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of Delaware. The Company is duly authorized to conduct its business as presently conducted and is in good standing under the State laws of Delaware each jurisdiction where such qualification is required, except where the failure to be so authorized and qualified would not have a Material Adverse Effect. The Company has all the requisite corporate power and authority, and all authorizations, licenses and permits, necessary authority to own, lease and operate the assets and properties it purports to own, lease or operate and to carry on conduct its business as presently conductedconducted and to own and use the properties presently owned and used by it.

Appears in 1 contract

Samples: Stock Purchase Agreement (Anteon Corp)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware. The Company is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required, except where the lack of such qualification would not have a material adverse effect on the financial condition of the Company taken as a whole. The Company has all requisite full corporate power and authority, and all authorizations, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and authority to carry on its business as presently conductedthe businesses in which it is engaged and to own and use the properties owned and used by it.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lamar Advertising Co)

Organization, Qualification and Corporate Power. The Company is duly incorporated, a corporation validly existing and in good standing under the laws of the State of Delaware Delaware. The Company is duly authorized to conduct business and is in good standing under the laws of each jurisdiction in which the nature of its businesses or the ownership or leasing of its properties requires such qualification, except where the lack of such qualification would not have a Material Adverse Effect. The Company has all requisite full corporate power and authority, authority and all authorizationsmaterial licenses, licenses permits and permits, authorizations necessary to own, lease and operate the assets and properties it purports to own, lease or operate and to carry on its business as presently conductedthe businesses in which it is engaged and to own and use the material properties owned and used by it.

Appears in 1 contract

Samples: Recapitalization Agreement (Cottontops Inc)

Organization, Qualification and Corporate Power. The Company is a corporation duly incorporatedorganized, validly existing and in good standing under the laws of the State of Delaware and Delaware. The Company has all requisite full corporate power and authority, authority to own and all authorizations, licenses and permits, necessary to own, lease and operate the assets and hold its properties it purports to own, lease or operate and to carry conduct its business; to execute, deliver and perform this Agreement; and to issue, sell and deliver the Securities. The Company is duly qualified or licensed to do business in each jurisdiction in which the failure to be so qualified or licensed would have a materially adverse effect on its the business as presently conductedor financial condition of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Discovery Laboratories Inc /De/)

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