Common use of Organization. Standing and Qualifications Clause in Contracts

Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.

Appears in 2 contracts

Samples: Agreement (Endeavor Power Corp), Modification Agreement (Parallax Diagnostics, Inc.)

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Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as MBS Xxxx Xxxxx License September 2010 it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.

Appears in 1 contract

Samples: Agreement (ABC Acquisition Corp 1502)

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Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.. MBS-Parallax Diagnostics License of Intellectual Property September 2011

Appears in 1 contract

Samples: Modification Agreement (Endeavor Power Corp)

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