Common use of Organization, Standing and Qualification of the Company Clause in Contracts

Organization, Standing and Qualification of the Company. The ---------------------------------------------------------- Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of Missouri, with all requisite corporate power and authority to own its properties and conduct the business it transacts and proposes to transact, and is duly qualified to transact business and is in good standing as a foreign corporation in each jurisdiction where the nature of its activities requires such qualification, except where the failure of the Company to be so qualified would not, singly or in the aggregate, have a Material Adverse Effect.

Appears in 3 contracts

Samples: Placement Agreement (First Banks, Inc), Placement Agreement (First Banks, Inc), Placement Agreement (First Banks, Inc)

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Organization, Standing and Qualification of the Company. The ---------------------------------------------------------- --------------------------------------------------------- Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of Missouri, with all requisite corporate power and authority to own own, lease and operate its properties and conduct the business it transacts and proposes to transact, and is duly qualified to transact business and is in good standing as a foreign corporation in each jurisdiction where the nature of its activities requires such qualification, except where the failure of the Company to be so qualified would not, singly or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase Agreement (First Banks, Inc)

Organization, Standing and Qualification of the Company. The ---------------------------------------------------------- ----------------------------------------------------------- Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of Missouri, with all requisite corporate power and authority to own its properties and conduct the business it transacts and proposes to transact, and is duly qualified to transact business and is in good standing as a foreign corporation in each jurisdiction where the nature of its activities requires such qualification, except where the failure of the Company to be so qualified would not, singly or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Placement Agreement (First Banks Inc)

Organization, Standing and Qualification of the Company. The ---------------------------------------------------------- Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of Missouri, with all requisite corporate power and authority to own its properties and conduct the business it transacts and proposes to transact, and is duly qualified to transact business and is in good standing as a foreign corporation in each jurisdiction where the nature of its activities requires such qualification, except where the failure of the Company to be so qualified would not, singly or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Placement Agreement (Exchange National Bancshares Inc)

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Organization, Standing and Qualification of the Company. The ---------------------------------------------------------- --------------------------------------------------------- Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of Missouri, with all requisite corporate power and authority to own its properties and conduct the business it transacts and proposes to transact, and is duly qualified to transact business and is in good standing as a foreign corporation in each jurisdiction where the nature of its activities requires such qualification, except where the failure of the Company to be so qualified would not, singly or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Placement Agreement (First Banks, Inc)

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