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: Warrant Agreement (Tiptree Inc.), Warrant Agreement (Tiptree Inc.), Warrant 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 7 contracts

Samples: Collaboration Agreement (Pdi Inc), Collaboration 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 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 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: Class a Common Stock Purchase Agreement (Mail Com Inc), Class a Preferred Stock Purchase Agreement (Mail Com Inc)

Organization, Qualification and Corporate Power. The Company is duly incorporatedformed, validly existing and in good standing under the laws of in the State of Delaware Delaware, and is qualified to do business as a foreign corporation and in good standing in all other jurisdictions in which the failure to so qualify or be in good standing would, individually or in the aggregate, have a Material Adverse Effect on the Company. The Company has all requisite legal and corporate power and authorityauthority to execute and deliver each Financing Document, and all authorizationsto issue and sell the Notes hereunder, licenses and permits, necessary to own, lease and operate the assets and properties it purports to own, lease or operate and to carry on out and perform its business as presently conductedobligations under the terms of the Financing Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (United Insurance Holdings Corp.)

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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 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 and has all requisite corporate power and authority, authority to own and all authorizations, licenses and permits, necessary to own, lease and operate the assets and use its properties it purports to own, lease or operate and to carry on its business as presently now being conducted. Company is qualified to transact business as a foreign corporation and is in good standing under the laws of each jurisdiction in which the nature of its business or the ownership or leasing of its properties requires such qualification.

Appears in 1 contract

Samples: Asset Purchase Agreement (Globalmedia Com)

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.)

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