Organization; Subsidiaries. (a) The Company is a corporation duly organized and existing in good standing under the laws of the State of Connecticut and has the corporate power to own its property and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary and where the failure to so qualify could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 6 contracts
Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp), Appaloosa Management Lp
Organization; Subsidiaries. (a) The Company is a corporation duly organized and existing in good standing under the laws of the State of Connecticut and has the corporate power to own its property and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary and where the failure to so qualify couldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)
Organization; Subsidiaries. (a) The Company is a corporation duly organized organized, validly existing and existing in good standing under the laws of the State of Connecticut and Delaware, has the all requisite corporate power and authority to own own, lease and operate its property properties and assets and to carry on its business as now being conducted. The Company , and is duly qualified or licensed to do business and, where applicable as a legal concept, is in good standing as a foreign corporation to do business and is in good standing in every each jurisdiction in which the property owned, leased or operated by it or the nature of the business conducted or property owned by it makes such qualification necessary and where the failure to so qualify could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effectlicensing necessary.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (I Trax Inc), Agreement and Plan of Merger (Walgreen Co)
Organization; Subsidiaries. (a) The Company is a corporation duly organized and existing in good standing under the laws of the State of Connecticut and has the corporate power to own its property and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property 4 owned by it makes such qualification necessary and where the failure to so qualify could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Bio Plexus Inc
Organization; Subsidiaries. (a) The Company is a corporation duly organized incorporated, validly existing and existing in good standing under the laws Laws of the State of Connecticut Delaware and has the all necessary corporate power and authority: (i) to conduct its business in the manner in which its business is currently being conducted; (ii) to own or lease and use its property and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is assets in good standing in every jurisdiction the manner in which the nature of the business conducted its property and assets are currently owned or property owned by it makes such qualification necessary leased and where the failure to so qualify could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effectused.
Appears in 1 contract
Samples: Stock Purchase Agreement (Qualigen Therapeutics, Inc.)
Organization; Subsidiaries. (a) The Company is a corporation duly organized organized, validly existing and existing in good standing under the laws of the State of Connecticut Delaware and has the requisite corporate power to own its property and authority to carry on its business as it is now being conducted. The Company is duly qualified and licensed as a foreign corporation to do business business, and is in good standing standing, in every each jurisdiction in which the character of its assets owned or held under lease or the nature of the its business conducted or property owned by it makes such qualification necessary and necessary, except where the failure so to so qualify couldor be licensed would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Organization; Subsidiaries. (a) The Company is a corporation duly organized and existing in good standing under the laws of the State 4 of Connecticut and has the corporate power to own its property and to carry on its business as now being conducted. The Company is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary and where the failure to so qualify could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Bio Plexus Inc